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    109 Broadway St Prosper, TX 75078

    For Sale
    $304,999

    Prime .08-Acre Office Development Site

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2,400 square foot lot, located at 109 W Broadway Street in Prosper, TX, presents a rare opportunity to develop in the heart of Historic Downtown Prosper. This zero-lot-line property, measuring 25x140 feet, is ideal for a mixed-use, multi-story building. Pre-designed architectural plans for a nearly 6,000 square foot, three-story structure are included, complete with stunning renderings, ready for city submission. The lot's alley access, subject to city approval, offers potential for drive-thru functionality. Four shared parking spaces are available with a neighboring property, supplemented by ample on-street parking. This turnkey investment opportunity includes assistance with construction costs and design collaboration from experienced developers. Don't miss this chance to build your vision in one of the fastest-growing downtown areas. Secure your future in Prosper before this exceptional property is gone.

    Property Features for 109 Broadway St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,400 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1800
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Derrick Ryskamp-Realtor @ Legacy ... Real Estate Agent

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store 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
    -96.80251
    Latitude
    33.23592

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    FAQs

    What type of property is this?
    Office Property / Space - Prime .08-Acre Office Development Site
    Where is this office property / space located?
    The property is located at 109 Broadway St Prosper, TX.
    What is the asking price?
    The asking price for this property is $304,999.
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    109 Broadway St Prosper, TX 75078
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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
    109 Broadway St Prosper, TX 75078
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