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3935 Preston road - Senior Living Development Opportunity 2.74 Acres of Commercial Land in Celina, TX 75009

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Investment Highlights

  • A prime senior living development site - ideally suited for a multistory Assisted Living and Memory Care facility of 80 - 100 beds
  • Excellent visibility from Preston Road with 200 ft. of frontage, and a driveway entrance on Preston
  • 5 minutes from the Texas Health Breeze Urgent Care
  • The site is easily accessible to the Frisco - Prosper - Celina areas of North Texas on Preston Road - over 30,000 verhicles per day pass the site
  • Utilities are in place including water, sewer, storm sewer, and electric
  • 10 minutes from the new Methodist Celina Medical Center, a full-service hospital providing a complete range of medical and surgical services

Executive Summary

A prime senior living development site - ideally suited for a multistory Assisted Living and Memory Care facility of 80 - 100 beds.
The site is easily accessible to the Frisco - Prosper - Celina areas of North Texas on Preston Road - over 30,000 verhicles per day pass the site.
Excellent visibility from Preston Road with 200 ft. of frontage, and a driveway entrance on Preston.
Less than 5 minutes East of the North Dallas Tollway.
Utilities are in place including water, sewer, storm sewer, and electric.
Commercial zoning. Senior living, assisted, and advanced care facilities are a permitted use with a Specific Use Permit (SUP).
Adjacent to a new medical office park.
5 minutes from the Texas Health Breeze Urgent Care.
10 minutes from the new Methodist Celina Medical Center, a full-service hospital providing a complete range of medical and surgical services.
Located in the City of Celina, the site is within one of the fastest growing corridors in the USA with 32 active Master-Planned Communities.
Demographic highlights within 5 Miles include:
- 2025 population of 105,327
- projected 2030 population of 150,015 reflecting an annual growth rate of 7.33%
- 32,298 households in 2025
- 46,471 households projected in 2030
- current median household income is $ 182,996, current average household income is $ 224,098
- median household income is projected to be $ 197,196 in 2030, average household income is projected to be $ 234,421
- by 2030, the senior population over 65 is projected to be 16,026
- adults in their 30s, 40s, and 50s who may have aging parents is projected to be 45,747

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Senior
Total Lot Size 2.74 AC
Zoning Commercial - Commercial zoning. Senior living, assisted, and advanced care facilities are a permitted use with a Specific Use Permit (SUP)

1 Lot Available

Lot 2

Lot Size 2.74 AC

2.741 Acres 119,393 SF Lot 2, Block A of the Celina Senior Living Center to the City of Celina, Collin County, Texas

Description

2.741 Acres - 119,393 SF - Lot 2, Block A of the Celina Senior Living Center to the City of Celina, Collin County, Texas. Utilities are in place including water, sewer, storm sewer, and electric. The site is easily accessible to the Frisco - Prosper - Celina areas of North Texas on Preston Road - over 30,000 verhicles per day pass the site. Excellent visibility from Preston Road with 200 ft. of frontage, and a driveway entrance on Preston. Less than 5 minutes East of the North Dallas Tollway.

Property Taxes

Property Taxes

Parcel Number
R-12564-00A-0020-1
Land Assessment
$689,119 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$689,119 (2025)
  • Listing ID: 39372333

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: 3935 Preston road, Celina, TX 75009

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