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    4890 W University Dr Prosper, TX 75078

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    For Lease
    Contact for pricing

    Retail space for lease in high-traffic Prosper, Texas.

    Property size:
    1,198 SF
    Lot size:
    2.93 Acres

    Property Features for 4890 W University Dr

    General Information

    Size
    1,198 SF
    Lot size
    2.93 Acres

    Source: Venture Commercial Real Estate Agent Amy Pjetrovic

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Prosper, TX

    This retail space is located at a regional intersection with over 90,000 cars per day. Anchor and junior anchor opportunities are available. The property is zoned for commercial retail use. It is situated in front of Terra Verde's 2,030-acre master-planned Windsong Ranch, which will include 3,500 single-family homes and 300 townhomes. There are 300 multi-family units directly northeast of the center. The location benefits from the completed FM 423, now with 6 lanes from Little Elm Parkway to FM 423. A 23-acre Cook Children's facility is now open at the northeast corner of Highway 380 and Windsong Ranch Parkway. The property is anchored by LA Fitness, Kroger Marketplace, Home Depot, Academy Sports, Walmart, and HEB.
    Insight Report Location Intelligence

    Current Use by Public Records

    Posh Nail Salon Nail Salon Jimmy John's Caterer Splash and Dash Groomerie ... Pet Groomer Restore Hyper Wellness Wellness Center

    Similar Places Nearby

    Lowes prosper, Quick-Tag

    Map

    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.830623
    Latitude
    33.2202755

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    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in high-traffic Prosper, Texas.
    Where is this shopping center located?
    The property is located at 4890 W University Dr Prosper, TX.
    What are key features of this property?
    This property features: - High-traffic location: Over 90,000 cars per day at a regional intersection.; - Anchored by major retailers: LA Fitness, Kroger Marketplace, Home Depot, Academy Sports, Walmart & HEB.; - Located in front of Windsong Ranch: A 2,030-acre master-planned community with 3,500 single-family homes and 300 townhomes.
    (214) 378-1212
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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
    4890 W University Dr Prosper, TX 75078
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