1009 State Highway 78Lavon, TX 75166

Property Details for 1009 State Highway 78

Year built

1999

Lot size

1.68 AC

Property size (Sq ft)

3,608 SF

Property type

Commercial real estate

APN

R-6638-002-0130-1

APU

R663800201301

Description

This exceptional 9.372-acre commercial land parcel presents a unique investment opportunity in Lavon, Texas. Strategically located at the intersection of State Highway 78 and Highway 205 in Collin County, this property offers unparalleled visibility and accessibility. Currently unzoned by the city, this presents flexibility for a wide range of commercial developments, including retail, office, or hotel projects. The asking price is $5,000,000. The seller is willing to subdivide the land to accommodate various development plans, making it an attractive option for both large-scale and smaller projects. The property's address is 1009 S State Hwy 78, Lavon, TX 75166. Its precise coordinates are latitude 33.02241583246252 and longitude -96.45797225853731. This location provides easy access to major transportation routes, ensuring high traffic flow and excellent exposure for any commercial venture. The absence of city zoning allows for creative development options and potentially reduces regulatory hurdles. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Collin County. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $909,486

  Hospitality

  $833,084

  Educational

  $693,116

  Medical

  $716,953

  Retail

  $1,078,180

Location Insight

City

Lavon

County

Collin

State

Texas

Latitude

33.023

Longitude

-96.4566

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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