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    501 Spur 316 Pottsboro, TX 75076

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    For Sale
    Contact for pricing

    Prime commercial land for development near Preston Road and FM 120.

    Lot size:
    1.90 Acres

    Property Features for 501 Spur 316

    General Information

    Lot size
    1.90 Acres

    Source: CenterPoint Commercial Properties Agent Bill Wastoskie

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

    Overview

    Preston Road Development Opportunity

    Available for sale are commercial land parcels located at the northeast quadrant (NEQ) and northwest quadrant (NWQ) of Preston Road/Highway 289 and FM 120. This site, anchored by Brookshires, is positioned at the north end of the Preston Road growth corridor, making it a key location for pad users and small shop retail in Pottsboro. The NWQ comprises approximately 11 acres, while the NEQ includes around 29 acres, featuring multiple pads. Specifically, Lot 2 is approximately 3.8 acres, Lot 4 is approximately 2 acres, and Lot 5 is approximately 1.9 acres. Larger tracts are also available for development. The Abbington Junction multifamily development is now open directly across from the site. The property is located near North Texas Regional Airport, offering additional accessibility and visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    D&A Janitorial Janitorial Service Vital IT Computer Support And Services Bio Haz Decon Crime Victim Service Ultimate Audio Video ... Home Cinema Installation Giant IT LLC Computer Support And Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottsboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.674529
    Latitude
    33.7642492

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    FAQs

    What type of property is this?
    Land - Prime commercial land for development near Preston Road and FM 120.
    Where is this land located?
    The property is located at 501 Spur 316 Pottsboro, TX.
    What are key features of this property?
    This property features: - Located at the north end of the growth corridor of Preston Road.; - Brookshires anchored development.; - Future Development : +/-40 acres.
    (972) 754-0720
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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
    501 Spur 316 Pottsboro, TX 75076
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