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$14,505,500

Est. payment - /mo

18.53 Acres Lot

Price Dropped by $2.5M

800 Choate Parkway Celina, TX 75009

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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Choate Loop Ranch

MLS Listing ID 20730018

Total Fin. Sqft 5074

Year Built 1996

Annual Tax Amount $20,219

Lot Size 18.529 Acres

Acres 18.529

Property Sub-Type Unimproved Land

Property 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.

Location

State TX

County Collin

Zoning Collin County Outer Loop Overlay

Direction From Preston Road, east on The Outer Loop to Choate Parkway. Righ on Choate to the property on the left across the road from Collin College. From Custer Road or Coit Road, west of The Outer Loop, the property will be on the left before Choate Pkwy. See Signage.

Exterior

Utilities Available Aerobic Septic, All Weather Road, City Water, Concrete, Curbs, Electricity Available, Individual Water Meter, Outside City Limits, Phone Available, Septic, Sewer Available

Garage No

Building

Lot Description Acreage

Structure Type Brick

Others

Ownership Choate Loop Ranch, LLC

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20730018

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Bobby Apple • Keller Williams Prosper Celina

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+1(210) 687-3271

800 Choate Parkway Celina, TX 75009

LINK'D REALTY

Key Details

Location

Exterior

Building

Others

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800 Choate Parkway