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    2871 Fm 1377 Princeton, TX 75407

    For Sale
    $875,000

    Unimproved Land - Princeton, TX

    Type:Unimproved Land
    Lot size:
    5.00 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 2871 Fm 1377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Property condition
    New Construction
    Standard status
    Active
    APN
    R695000107201
    Parking features
    RV
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    2025
    Flooring type
    None
    Architectural style
    Other

    Southwest Villas (214) 450-8000

    Listing agent Mostapha Ayachi (469) 305-9000 License #0680543

    Listing date Jul 7, 2025

    MLS# 20966379 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, TX Outdoor Storage Development

    This 5-acre development site is located in Princeton, Collin County, Texas. The property is intended for use as an outdoor RV and boat storage facility. Situated in Princeton, the 3rd fastest-growing city in the United States, the location benefits from a market with over 25,000 single-family units completed and proposed. Existing utilities, including electricity and water, have been brought on site, facilitating immediate development. This site presents an opportunity for investors to establish a newly operating outdoor storage business or repurpose the land for alternative uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Hotel & Motel Food Market Storage Facility Bed & Breakfast Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.463648
    Latitude
    33.195284

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    FAQs

    What type of property is this?
    Commercial land - 5 acre development site for outdoor RV & boat storage.
    Where is this commercial land located?
    The property is located at 2871 Fm 1377 Princeton, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - 1.5-acre development site ideal for outdoor RV & boat storage.; - Located in Princeton, the 3rd fastest-growing city in the U.S.; - Over 25,000 single-family units completed/proposed in Princeton.
    (469) 305-9000
    Request Owner's contact information
    2871 Fm 1377 Princeton, TX 75407
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    Princeton, TX 75407
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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
    2871 Fm 1377 Princeton, TX 75407
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