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    1488 W 1St St Prosper, TX 75078

    For Sale
    $5,300,000

    Unimproved Land - Prosper, TX

    Type:Unimproved Land
    Lot size:
    8.09 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 1488 W 1St St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R944900A002R1
    Lot size
    8.09 Acres

    Building Details

    Architectural style
    Other

    Compass RE Texas, LCC (214) 814-8100 [email protected]

    Listing agent Greyson Johns (214) 814-8100 License #0559644

    Listing date Jun 1, 2025

    MLS# 20953404 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land For Sale in Prosper

    This property features 8.087 acres of unimproved commercial land located in Prosper, Collin County, Texas. The land is situated at 1488 W 1st Street, Prosper, TX 75078.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Clothing Store Hotel & Motel Auto Parts Store Law Firm Spa & Massage Kitchen & Bath Storage Facility HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.823119
    Latitude
    33.2351571

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    FAQs

    What type of property is this?
    Land - 8.087 acres of commercial land available in Prosper, Texas.
    Where is this land located?
    The property is located at 1488 W 1St St Prosper, TX.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: - Prime Location: Coordinates 33.235157, -96.82312 pinpoint this property's specific geographic position.; - Real Estate Listing: Information derived from a real estate context.; - Property Details Available: Further information exists.
    (214) 814-8100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1488 W 1St St Prosper, TX 75078
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