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Active

$750,000

  • 0.66 acre lot

302 N Arizona Drive

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Listing data updated

About this home

Prime 0.66-acre investment opportunity located just steps from Historic Downtown Celina in one of the fastest-growing cities in North Texas. Positioned within a high-demand redevelopment corridor, this property offers strong long-term appreciation potential and multiple income-producing development options.

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Prime 0.66-acre investment opportunity located just steps from Historic Downtown Celina in one of the fastest-growing cities in North Texas. Positioned within a high-demand redevelopment corridor, this property offers strong long-term appreciation potential and multiple income-producing development options.

Walkable to Downtown Celina’s retail, dining, entertainment, and year-round city events, this location benefits from consistent pedestrian traffic and ongoing city investment in infrastructure and downtown expansion. Rapid population growth and continued commercial development in Celina support increasing demand for housing, short-term rentals, and mixed-use investment projects.

This site presents strong potential for short-term rental development such as Airbnb units, multi-unit residential redevelopment, mixed-use commercial space, boutique lodging, or professional office use. The proximity to frequent downtown festivals, markets, and community events supports occupancy potential for short-term rental strategies and income-producing property models.

Key Investment Highlights:

0.66 acres in prime downtown proximity

Walkable location near retail, dining, and events

Located in a high-growth North Texas market

Strong demand for short-term rentals and redevelopment

Flexible development potential based on zoning

Ideal for income-producing or long-term hold strategies

Limited availability of parcels this size near Downtown Celina

Opportunities of this size and location are increasingly rare within the Downtown Celina area. This property offers investors and developers the ability to secure land in a rapidly expanding submarket positioned for continued growth, redevelopment, and long-term return potential.

Buyer to verify zoning, permitted uses, and development requirements with the City of Celina.

Lot size
0.66 acres
Year built
1930
Property type
Office
Status
Active
MLS number
21237342

Listing courtesy of Texas Homes and Land Real Estate, LLC

Office phone 903-870-6956

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Lot

Lot size
0.66 acres

Building

Year built
1930
Property type
Office

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Listing courtesy of Texas Homes and Land Real Estate, LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated