Listing 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.