000 State Highway 78 Highway, Lavon, TX 75166 | 14136460 | Allie Beth Allman & Associates

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Listing provided courtesy of Gerald Porter Real Estate, LLC - MLS#14136460MLS Provider

000 State Highway 78 HighwayLavon, TX 75166

Commercial · 4.40 Acres

$3,258,288 Active

Overview

Time on Site:
627 days
Visits:
0

This property is an excellent property for a retail development such as a grocery store, or retail center. It is surrounding the corner 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 the Elevon Community, a mixed use development of approx. 1,600 acres with the first phase currently 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.

View Map

Facts & Features

  • Type Commercial
  • Lot 4.40 Acres

General

Association/HOA
  • Association Type: None
School Information
  • Elementary School: Nesmith
  • Middle Or Junior School: Leland Edge
  • High School: Community
  • Elementary School Name: Nesmith
  • High School Name: Community
  • Middle School Name: Leland Edge
Listing Information
  • Auction YN: No
Business Information
  • Current Use: Agricultural
Location/Region
  • Country: United States
  • County Or Parish: Collin
  • Subdivision Name: Sm Ranier Survey, A-740
Community/Development
  • Development Status: City Limits, Plat Approved, Zoned
General Information
  • Municipal Utility District: No
  • Parcel Number: 2152129
  • Property Sub Type: Unimproved Land
  • Property Type: Commercial Sale
  • Restrictions: No Known Restriction(s)
  • Second Mortgage: No
  • Special Listing Conditions: Standard

Interior

Parking Information
  • Garage: No

Exterior

Parking Information
  • Open Parking Spaces: 0
Lot Information
  • Lot Features: Acreage
  • Lot Size: 3 to < 5 Acres
  • Lot Size Acres: 4.4000
  • Lot Size Area: 4.4000
  • Lot Size Square Feet: 191664.0000
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
Building Exterior/Construction
  • Property Attached: No
General Information
  • Barns Count: 0
  • Road Frontage Type: State Road
  • Utilities: Concrete, Co-op Water, Electricity Available

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$504,234
Median Sales Price
$203
Median Price per Square Foot
90
Properties Sold
32
New on Market
74
Average Days on Market
141
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
11/15/2023Source: North Texas MLS Price Increase
$3,258,288 6.2%
4/28/2023Source: North Texas MLS Price Increase
$3,066,624 6.7%
8/4/2022Source: North Texas MLS Added to Database
March 15, 2022