For Sale

Listed by Ben Wegmann and Brandt Phillips

Source: North Texas Real Estate Information Systems, Inc. #21169015

5277 CR-52, Celina, TX, 75009

$7,495,000

321472.8 sq. ft.

Land

•

30+ days on the market

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About this property

Prime 7.38-acre development opportunity strategically positioned at the northeast corner of the Dallas North Tollway (DNT) and future Collin County Outer Loop in rapidly growing Celina, Texas. Located within Celina’s Dallas North Tollway Overlay District (DNTO) – High-Rise Subzone and designated Regional Mixed Use 1 on the Future Land Use Plan, the property sits within a corridor targeted by the City for higher-intensity, employment-generating development. Celina is actively planning for the next generation of development along the DNT corridor, with city officials identifying office, medical, mixed-use, hospitality destination, entertainment and retail among key development priorities. The City is also evaluating updates to the DNTO intended to provide greater flexibility and incentivize projects that align with its long-term vision. Located just south of Methodist Celina Medical Center, the property is particularly well positioned as officials explore the potential for a medical district surrounding the hospital and additional flexibility for developments incorporating healthcare uses. Combined with the continued expansion of the Dallas North Tollway, future Collin County Outer Loop, surrounding residential growth and the property's High-Rise DNTO designation, this site presents a compelling opportunity for developers and investors seeking a strategic position in Celina's emerging DNT corridor. Cleared and currently carrying an agricultural exemption. Development concepts, zoning, uses and entitlements are subject to applicable requirements and City approval.

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