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- LoopNet Team
Preston Rd
Celina, TX 75009
Preston Rd. Pad Sites - Over 25,000 vpd · Land For Sale
·
2.37 AC
INVESTMENT HIGHLIGHTS
- 29,000 vpd (City of Celina 2019), 2nd most building permits in Collin County in 2020, Average home prices are $400k in the market
- Outparcels located outside of The Grove mixed use development featuring apartments, cottage homes, retail, restaurants and office.
- Pads available with developer bringing utilities to site and rough grade.
- Sits nearby Light Farms master planned community with over 3,000 lots developed upon competition.
PROPERTY FACTS
DESCRIPTION
Located at the Gateway of Celina on the NWQ of Preston and Frontier Pkwy adjacent to the mixed use development, The Grove,which will feature a slew of uses including Nexmetro's Avilla Homes project (150+ cottage homes has broken ground), traditional Multi-Family with 280+ units, retail, restaurants and office; all within a walkable environment. Celina has the 2nd most building permits in Collin County, only behind Frisco. The city is on pace for 2,000 permits/year making it one of the fastest growing city's in the metroplex. Average home sales prices have risen to $400,000 in the market. Household incomes above $90,000. 29,000 vpd on Preston (Celina 2019')
