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000O STATE HWY 78

Lavon, TX 75166

Listing courtesy of Gerald Porter, Gerald Porter Real Estate, LLC

$3,267,000

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About this home

This 3-acre tract MAY BE DIVIDED with one acre as minimum size. This is one of only a few remaining retail tracts in Lavon with frontage on Highway 78. It is located in the 25+ acre Planned Development Commercial Section of Lake Breeze Estates. The property is in an excellent location for retail sites across Hwy. 78 from the 200-acre LakePointe Development that is joined by the Elevon Development, currently under construction as a mixed-use development of approximately 1,600 acres of primarily homes. 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 the property along the frontage of Hwy. 78 and this quadrant at Hwy. 78, a six-lane divided highway at FM 6, to also be widened to four lanes divided, will become increasingly important for retail businesses to service the increasing population in the area.