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    4224 Us Hwy, Unit 380 Princeton, TX 75407

    Under Contract
    For Sale
    $3,900,000

    Unimproved Land - Lowry Crossing, TX

    Type:Unimproved Land
    Lot size:
    4.43 Acres
    Days on Market:
    234
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 4224 Us Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    R686300000601
    Lot size
    4.43 Acres

    Building Details

    Architectural style
    Other

    Lori Woodworth (214) 727-1659

    Listing agent Lori Woodworth (214) 727-1659 License #0554915

    Listing date Apr 17, 2025

    MLS# 20169199 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

    Prime Corner Lot on Highway

    This unimproved land is a hard corner lot located at the southeast intersection of Hwy 380 and Bridgefarmer Rd in Lowry Crossing, Texas. Situated between McKinney and Princeton, the property offers road frontage on Hwy 380 and is suitable for various commercial ventures, including a convenience store, drug store, restaurant, or fast food establishment. The location benefits from high traffic volume along Hwy 380. The city of Lowry Crossing is interested in working with a commercial business. While the Collin Central Appraisal District (CCAD) indicates the parcel as 4.3421 acres, the total acreage is approximately 4.2542 acres due to a purchase of 0.0879 acres by the Texas Department of Transportation (TXDOT) that is not recorded. Water and sewer services will need to be brought to the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.5469478
    Latitude
    33.18848099

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    FAQs

    What type of property is this?
    Commercial land - Hard corner lot with high traffic, ideal for commercial development.
    Where is this commercial land located?
    The property is located at 4224 Us Hwy, Unit 380 Princeton, TX.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - High-traffic hard corner lot at the intersection of Hwy 380 and Bridgefarmer Rd.; - Located between rapidly growing McKinney and Princeton.; - Ideal for commercial development such as convenience store, drug store, restaurant, or fast food.
    (214) 727-1659
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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

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    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
    4224 Us Hwy, Unit 380 Princeton, TX 75407
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