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800 Choate Pky
Celina, TX 75009

Land For Sale · 18.52 AC

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Investment Highlights

Excellent visibility from both The Collin Outer Loop and Chpate Pkwy. Bring your next multi use commercial/MF project to Celina.

Executive Summary

Celina within the North Texas market of DFW is north of Prosper, Frisco and McKinney and is south of Sherman, east of Denton and about 40 miles north of Dallas. This year Celina was identified as the fastest growing City in the USA. Populaton is scheduled to be in excess of 300,000 within the next 20 years. The Celina land area is one of the largests in Collin County. This location offers a centrally located mixed use development site with superior access that supports commercial, multifamily, hospitality and specific use institutional development. The 18.5 acres with its frontage and elevation offers a beautiful mixed use opportunity

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Bank Tienda de conveniencia Daycare Centre Department Store Fast Food Funeral Home General Freestanding Health Club Hold For Development Hospital Hotel Lodge or Meeting Hall Master Planned Community Medical Movie Theater Office Park Planned Unit Development Rehabilitation Centre Theater or Concert Hall Amusement Park
Property Type	Land	Total Lot Size	18.52 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Bank Tienda de conveniencia Daycare Centre Department Store Fast Food Funeral Home General Freestanding Health Club Hold For Development Hospital Hotel Lodge or Meeting Hall Master Planned Community Medical Movie Theater Office Park Planned Unit Development Rehabilitation Centre Theater or Concert Hall Amusement Park
Total Lot Size	18.52 AC

1 Lot Available

Lot

Price	$24,471,223 CAD	Lot Size	18.52 AC
Price Per AC	$1,321,340 CAD

Price	$24,471,223 CAD
Price Per AC	$1,321,340 CAD
Lot Size	18.52 AC

The subject 18.5 acres is available for a mixed use planned development site. The location across from Collin College which has future growth plans to expand as well as a number of area residential developments in Celina. Frontage on 2 primary roads

Description

This is an excellent located property across from Collin College with frontage on both The Collin County Outer Loop plus Choate Parkway. It is centrally located within the heart of Celina between Preston Road and Coit and Custer Road. Single family and Multifamily development is nearby and is being expanded. The 18.5 acres has a initial engineering plan report available. Public water and sewer high volumne capacity is adjacent to the subject property and is available to be extended. The property is within the Collin County Outer Loop Overlay plan with the City of Celina. Working with P&Z will be needed for development plans. The opportunity for subdividing is available and will be subject to owners approval. Future use for the 18.5 acres will be commercial, office, institutional uses, mixed use, multifamily and specific use. The site elevation is very supportive for exposure to daily or destination traffic, The custom home on site could offer a potential bonus for certain users. There is a custom luxury home on site with 4,000 sf which offer opportunity.

zoning

Zoning Code	Mixed use Potential (Per City of Celina-Collin County Overlay District. Subject to City P&Z analysis for a mixed use or specific use planned development.)
Mixed use Potential (Per City of Celina-Collin County Overlay District. Subject to City P&Z analysis for a mixed use or specific use planned development.)

Listing ID: 33772821
Date on Market: 2024-11-06
Last Updated:
Address: 800 Choate Pky, Celina, TX 75009

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