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30067975
30067974

Southwest quadrant of State Highway 78, Lavon, TX 75166

GP
TX 0186365, TX 9007258
Gerald Porter Real Estate, LLC
Listed by Gerald Porter Real Estate, LLC
$3,449,952
1146 days on market
Updated 73 days ago

Southwest quadrant of State Highway 78 and FM 6

Details
Property Type Land
Sub Type Commercial
Acreage 4.400
Zoning PD- Retail zoning

Land | 4.4 acres

Marketing description

This commercial zoned section of Lake Breeze Estates is adjacent to the Lake Breeze Estates residential development of 109 platted lots. The property provides excellent retail sites across the highway from two other major developments that are in the construction stage. The LakePointe Development is approximately 200 acres and will be mostly single-family homes. Adjoining that development is the Elevon Development, a mixed-use development of approximately 1,600 acres currently under development. Lavon is experiencing explosive growth as residential development continues with these developments and other developments that are in process. This increase in residential development is adding to the need for commercial/retail development in the area.

It is believed this corner/quadrant at Highway 78, a six-lane divided highway at FM 6, to also be widened to four lanes, divided, and the property along the frontage of Highway 78 will become increasingly important for retail businesses to service the increasing population in the area.

The information contained herein and in any attachments is not guaranteed and we make no warranty or representation about it. It is the responsibility of the reader to independently confirm its accuracy and completeness. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Investment highlights

  • Utilities: Water, sewer, and electric are currently available.

  • $18 Price/ Sq FT

Listing Contacts

GP
TX 0186365, TX 9007258
Gerald Porter Real Estate, LLC
Listed by Gerald Porter Real Estate, LLC

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Additional Information

Name
Gerald Porter
License
0186365
Brokerage Phone
214-676-3818
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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