403 E Pecan StreetCelina, TX 75009

Description

Strategic ±0.5 acre development site located at 403 E Pecan. The property is positioned between Celina’s new $94M Civic Hub and the 9-acre Ousley Urban Park (estimated completion Fall 2026). It is situated within the Downtown Transition District, which is designated for high-density, mixed-use infill development. An adjacent property at 408 E Pecan is currently under construction for Kid Approved Pediatrics, scheduled to open in June 2026, contributing consistent professional and family-oriented traffic to the immediate area. The site is within the influence of a newly opened 400-space municipal parking garage and may qualify for Fee-in-Lieu parking credits, allowing for increased building footprint flexibility. Site Specifications & Incentives: • Zero-lot-line development capability • Up to three stories permitted • Approximately 0.2 miles from the 115,000 sq. ft. City Center and Library • Located within the Neighborhood Empowerment Zone (NEZ), with standard development fees, impact fees, and building permits waived by the city The property serves as a direct gateway to the city’s nature trail system, capturing pedestrian traffic connecting the Civic Center area to Ousley Urban Park. Disclaimer: Information provided is deemed reliable but not guaranteed. Property is sold AS-IS. Buyer is responsible for all due diligence regarding development feasibility. Property must be sold in conjunction with Lot 4, located adjacent to the subject property, for a combined lot size of just over one-half acre.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1974

Stories

1

Building area

1,440 Sq Ft

Lot size

0.50 acres

Lot dimensions

150x145

Days on market

151

MLS^® Listing#

21261760

Property Features

Cooling

Central Air

Heating

Central

Flooring

Other

Parking

Circular Driveway · Garage Faces Side

Construction

Other

Foundation

Other

Roof

Composition

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$7,240

Parcel number

R102306200501

Directions

From State Highway 289, turn west on Pecan St. Property is on the left after passing the football field and the s curve. Southeast corner of Pecan and New Mexico.