8520 Co RdCelina, TX 75009

For Sale
$2,250,000

Prime 5-acre tract, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5.137-acre parcel presents a unique redevelopment opportunity in rapidly growing Celina, Texas. Located at 8520 Co Rd 9, 75009, this unzoned property boasts a strategic location, situated on the future Fred Smith Parkway, just east of the Tollway extension and west of the future Legacy Road. Its proximity to the DNT extension (within half a mile) ensures excellent accessibility. The property currently features a home and outbuildings, adding to its versatility. Across the road from a new housing development, this land benefits from a thriving surrounding community. With a total square footage of 223,768, the asking price is $2,250,000, translating to $10.06 per square foot. The land value alone is assessed at $10.47 per square foot. Built in 1987, this property is ideal for investors seeking a high-potential redevelopment project in Collin County. The sale includes a leaseback option, offering further flexibility. This is a rare chance to acquire a significant land holding in a booming area with immense potential for various commercial, residential, or agricultural uses. Don't miss this exceptional investment opportunity.

Highlights

  • 5.137-acre parcel in Celina, TX, located at 8520 Co Rd 9, 75009.
  • Unzoned property situated on the future Fred Smith Parkway, near the Tollway extension and Legacy Road, and within half a mile of the DNT extension.
  • Improved with a home and outbuildings, across from a new housing development.
  • 223,768 square feet, priced at $2,250,000 ($10.06/SF); land assessed at $10.47/SF.
  • Leaseback option available.

Property Details for 8520 Co Rd

Property type
Other land, Other farms
Square Feet
223,768 SF
Year Built
1987
Lot Size (sq. ft)
223,768 SF

Location Insight

City
Celina
County
Collin
State
Texas
Latitude
33.33808
Longitude
-96.8262443
8520 Co Rd, Celina, Texas

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8520 Co Rd
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