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4400 S Preston Rd
Prosper, TX 75078
Celina Landing · Land For Sale · 19.99 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
Total Lot Size 19.99 AC
Zoning AG - Commercial Lot

DESCRIPTION

Celina Landing is located off of the northeast corner of Frontier Parkway and South Preston Road. The population of Celina is currently estimated to be 8,143, and is expected to grow to 100,000 by 2024. This strategically located land asset is currently agricultural exempt with a future land use of commercial/retail, mixed-use and high density residential. This property will be enhanced by the recently approved extension of Laud Howell Parkway which will connect U.S. Highway 75 to Preston Road through Frontier Parkway. Other surrounding thoroughfare extensions includes the future Dallas North Tollway alignments and the proposed Collin County Outer Loop. Celina Landing sits within the Celina city limits, and has a Prosper mailing address. As a recently annexed property, The City of Celina has agreed to extend water and sewage mains at the required future development capacity once a development is approved. This property represents a unique development opportunity within a high-growth residential area that is in dire need of supporting retail. Price is negotiable. Celina benefits from its central strategic location along the Dallas North Tollway and Preston Road the dominant north-south thoroughfares serving desirable central growth regions of Greater Dallas. Preston road is being widened to a 6-lane divided parkway throughout Celina, while the Dallas North Tollway will be expanded to include two southbound service lanes in 2018. Additionally, the long-awaited Collin County Outer Loop is currently in ROW acquisition process and is expected to complete its first two lanes running from the Dallas North Tollway to Preston Road by the end of 2017.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-7030-001-0120-1
Land Assessment
$4,885,341
Improvements Assessment
$0
Total Assessment
$4,885,341
  • Listing ID: 6655408

  • Date on Market: 4/6/2017

  • Last Updated:

  • Address: 4400 S Preston Rd, Prosper, TX 75078

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