000O State Hwy 78, Lavon, Texas

$3,267,000
Active
000O State Hwy 78, Lavon, Texas
000O State Hwy 78, Lavon, Texas
000O State Hwy 78, Lavon, Texas
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Property Details

MLS ID: 21277356
Status: Active
Price: $3,267,000
Acres:
Type: Unimproved, Land
Address: 000O State Hwy 78
City, State: Lavon, TX
County: Collin County
ZIP Code: 75166
Parcel Number: 2923354

Description

This 3-acre tract MAY BE DIVIDED with one acre as minimum size. This is one of only a few remaining retail tracts in Lavon with frontage on Highway 78. It is located in the 25+ acre Planned Development Commercial Section of Lake Breeze Estates. The property is in an excellent location for retail sites across Hwy. 78 from the 200-acre LakePointe Development that is joined by the Elevon Development, currently under construction as a mixed-use development of approximately 1,600 acres of primarily homes. Lavon is experiencing explosive growth as residential development continues with these developments and other developments that are in process. This increase in residential development is adding to the need for commercial-retail development in the area.

It is believed the property along the frontage of Hwy. 78 and this quadrant at Hwy. 78, a six-lane divided highway at FM 6, to also be widened to four lanes divided, will become increasingly important for retail businesses to service the increasing population in the area.

Directions: Property fronts on the west side of Hwy. 78 south of FM 6 and north of Oak St., Lavon.

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Gerald Porter of Gerald Porter Real Estate, Llc