Description
Incredible opportunity to acquire one of the most strategic commercial corners in the path of Celina's explosive growth. Situated at the hard corner of the Collin County Outer Loop and Coit Road, this highly visible property offers almost 700 feet of road frontage. The City of Celina's Future Land Use Plan designates the property for Commercial use, making it an exceptional opportunity for investors, developers, and owner-users seeking a premier location in one of the fastest-growing markets in North Texas. Located outside the Celina city limits within the ETJ, the property benefits from outstanding regional connectivity with convenient access to the Dallas North Tollway, Preston Road (US 289), and Custer Road (FM 2478). Potential development opportunities may include a gas station, convenience store, grocery store, retail center, restaurant, office, medical or professional office, flex space, light industrial, mixed-use development, or single-family residential development, subject to governmental approvals and buyer verification. Existing improvements include a well-maintained 3,311-square-foot residence featuring four bedrooms, three bathrooms, and two spacious living areas that could be converted into professional office, retail, or sales space. A 1,082-square-foot garage provides additional flexibility for warehouse, storage, showroom, or future expansion. The existing residence also offers the flexibility to be occupied by an owner or leased for interim income while future commercial development plans and approvals are pursued. Properties with this level of visibility, frontage, accessibility, and future commercial designation at one of Collin County's emerging premier intersections are becoming increasingly rare. A unique opportunity to secure a landmark corner ahead of the next wave of commercial development in Celina.
Details
| MLS # | 21352039 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2006 |
| Days On Site | 21 |
| Listing Provided By | Compass RE Texas, LLC | JP Findley |
Features
| SQ Feet | 110,675 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial, Residential |
| Acreage | 2.54 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Propane |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick |
| Foundation Details | Slab |
| Lot Features | Acreage, Cleared, Corner Lot, Lrg. Backyard Grass, Subdivision |
| Topography | Level |
Parking
| Parking Features | Garage, Garage Double Door |
|---|
Utilities
| Utilities | Cable Available, Concrete, Electricity Connected, MUD Water, Outside City Limits, Propane, Septic, No City Services |
|---|
Taxes
| Unexempt Taxes | 11170 |
|---|---|
| Tax Lot | 10 |
| Tax Block | B |
| Tax Legal Description | SUMMERVIEW COUNTRY ESTATES (GCN), BLK B, LOT |
Area Information
| State | TX |
|---|---|
| County | Collin |
| City | Celina |
| Zip Code | 75009 |
| Area | Collin |
| Community Name | Summerview Country Estates |
| Listing VS Median (in Summerview Country Estates) | |
Price: $1,500,000 low | high Med: $1,399,500 sqft: 110,675 low | high Med: 56,632 $ / sqft: $14 low | high Med: $258 On site: 21 low | high Med: 34.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Collin |
| City | Celina |
| Zip Code | 75009 |
| Area | Collin |
| Community Name | Summerview Country Estates |
| Listing VS Median (in Summerview Country Estates) | |
Price: $1,500,000 low | high Med: $1,399,500 sqft: 110,675 low | high Med: 56,632 $ / sqft: $14 low | high Med: $258 On site: 21 low | high Med: 34.5 | |