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- LoopNet Team
STATE HIGHWAY 78
Lavon, TX 75166
4.4 Acre Retail Site Wrapping Corner · Land For Sale
·
4.40 AC
INVESTMENT HIGHLIGHTS
- The property is across Hwy 78 from two major, primarily residential, developments in the development and planning stages that total 1,800 +/- acres.
- Close to LakePointe community homes.
- It wraps the corner of Hwy 78, a six lane divided highway, and FM 6 with a convenience store and fueling station on the 2 acre corner, which has sold
- 1600 acre Elevon development close by.
PROPERTY FACTS
DESCRIPTION
This property is an excellent property for a retail development. It wraps the corner of State Hwy 78, a six lane divided highway, and FM 6. It is located across Hwy 78 from the new 200 acre LakePointe community currently under development for mostly single family homes. Adjoining that development is the Elevon Community, a mixed use development of approximately 1,600 acres that is in the planning stages, with the first phase 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. The 4.4 acres is part of a 27 acre Planned Development and may be divided or increased in size. Owner financing may be available until ready to develop.
