403 Pecan Street

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 cityThe 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.