0000 State Highway 78 Highway, Lavon, Texas 75166

$13,795,888
List Price
$13,795,888
Price Change
▲ $919,726 1682718692
MLS#
14136516
Status
ACTIVE
Type
Commercial
Acres
21.11
County
Collin
City
Lavon
Subdivision
Sm Ranier Survey, A-740
Development
City Limits, Zoned

Property Description

An excellent property for a retail development, and can be divided, with lot sizes of one -half acre or more. Owner financing possible. Along the west frontage of State Hwy. 78, a six lane divided highway, and FM 6, it sits across Hwy 78 from the new 200 acre LakePointe Community currently under development. Adjoining that development is Elevon Community, a mixed use development of Approx. 1,600 acres with the first phase under construction. Lavon is experiencing explosive growth as residential development continues with these and other developments in process. This increase in residential development is adding to the need for commercial-retail development to service the increasing population in the area.

Additional Information

HOA
No HOA
Lot Size
919,725
Acres
21.11
Lot Description
Acreage
Subdivided
Yes
Street Utilities
Concrete, Co-op Water, Electricity Available
Road Frontage Desc
State Road
School District
Community Isd
Elementary School
Nesmith
Middle School
Leland Edge
High School
Community
Possession
Closing/Funding
Present Use
Agricultural
Zoning
Mixed Zoning, Retail
Possession
Closing/Funding
Ag Exemption
Yes
Restrictions
No Known Restriction(s)
Easements
Utilities

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Gerald Porter from Gerald Porter Real Estate, LLC. Contact: 214-676-3818