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    2472 Fm 982 Princeton, TX 75407

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    For Sale
    $9,750,000

    Development tract in high-growth area with utilities on site.

    Lot size:
    87.84 Acres

    Property Features for 2472 Fm 982

    General Information

    Lot size
    87.84 Acres
    Source: Moodyscre

    Listing Agent: Clayton Pilgrim

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

    Overview

    87+ Acre Development Tract

    This is an approximately 87.8422-acre development tract located in the extraterritorial jurisdiction of Princeton, Texas. The property is situated in an area experiencing high residential growth and features substantial frontage on Farm to Market Road 982. Existing utilities on the site include a 10-inch water main, 3-phase electric power, and AT&T Fiber. Sewer services are under the Princeton Certificate of Convenience and Necessity (CCN) and are included in the future plan along Farm to Market Road 982.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.4963776
    Latitude
    33.1425211

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    FAQs

    What type of property is this?
    Land - Development tract in high-growth area with utilities on site.
    Where is this land located?
    The property is located at 2472 Fm 982 Princeton, TX.
    What is the asking price?
    The asking price for this property is $9,750,000.
    What are key features of this property?
    This property features: - High residential growth area location; - +- 87.8422 Acre development tract; - Ample FM 982 frontage
    (903) 767-1628
    Request Owner's contact information
    2472 Fm 982 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
    2472 Fm 982 Princeton, TX 75407
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