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Highway 78 - 4.4 Acres in 25 Ac. Retail Multi-Tract Dev. 4.4 Acres of Commercial Land Offered at $3,449,952 in Lavon, TX 75166

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EXECUTIVE SUMMARY

The property wraps the hard corner at State Hwy 78 and FM 6. It may be divided. Owner financing may be available until ready to develop.

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PROPERTY FACTS

Price	$3,449,952	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Carwash Convenience Store Drugstore Fast Food Healthcare Hold For Development Medical Restaurant Storefront, Retail or Office Strip Center
No. Lots	1	Total Lot Size	4.40 AC
Property Type	Land
Zoning	PD for(Comm./Retail) - Planned Development for retail uses.

Price	$3,449,952
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Carwash Convenience Store Drugstore Fast Food Healthcare Hold For Development Medical Restaurant Storefront, Retail or Office Strip Center
Total Lot Size	4.40 AC
Zoning	PD for(Comm./Retail) - Planned Development for retail uses.

1 LOT AVAILABLE

Lot 1

Price	$3,449,952	Lot Size	4.40 AC
Price Per AC	$784,080.00

Price	$3,449,952
Price Per AC	$784,080.00
Lot Size	4.40 AC

The property wraps the hard corner at State Hwy 78 and FM 6. It may be divided. Owner financing may be available until ready to develop.

DESCRIPTION

This property is an excellent property for a retail development such as a 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 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.

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