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    1821 Fm 982 Princeton, TX 75407

    For Sale
    $399,900

    Business - Princeton, TX

    Type:Business
    Lot size:
    0.23 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1821 Fm 982

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    R695700826101
    Parking features
    Driveway
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1965
    Flooring type
    Carpet, Laminate
    Roof type
    Shingle
    Architectural style
    Other

    Texas Urban Living Realty (214) 823-7783 [email protected]

    Listing agent Monica Torres (214) 823-7783 License #0576252

    Listing date Jul 12, 2025

    MLS# 20966584 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

    Princeton Retail/Office Opportunity

    This property, located in Princeton, Texas, offers a prime opportunity for businesses seeking a location in a rapidly growing area. The property benefits from high visibility and highway frontage. Currently used as a Spanish school, the space is suitable for various retail or office uses. The layout includes two large living areas, two full bathrooms, a laundry room area, and a full kitchen. Situated on almost a quarter acre (0.23 acres), the property also features an underground storm shelter. There are no known restrictions on the property. The surrounding area is experiencing a massive amount of development. According to the U.S. Census Bureau, Princeton is the third fastest-growing city in the U.S.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spanish Tea Time Language School

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Storage Facility HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.492211
    Latitude
    33.151815

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    FAQs

    What type of property is this?
    Retail space - Retail or office space in rapidly growing Princeton, Texas.
    Where is this retail space located?
    The property is located at 1821 Fm 982 Princeton, TX.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Rapidly growing area: Princeton is the third fastest growing city in the U.S.; - High visibility and highway frontage for business exposure.; - Suitable for retail business or office use.
    (214) 823-7783
    Request Owner's contact information
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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
    1821 Fm 982 Princeton, TX 75407
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