Shovel-Ready Medical Development
For Sale
$4,500,000
241 S Preston Rd, Prosper, TX 75078
Approved plans and permit-ready site infrastructure support immediate medical office or surgery center development.
Property SizeContact for details
Lot Size4.20 Acres
Days on Market59
Property Features for 241 S Preston Rd
General Information
Standard status
Active
Lot size
4.20 Acres
Property subtype
Commercial
Site & Location
Traffic Count
42,872 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$39,877
Listing Agency:
Wells Asset Management. Contact:
(214) 216-2161
Listed By:
Austin Wells · License #0823411
Source:
Dallashomerealty
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 12 at 5:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wells Asset Management. Contact:
Investment Insights
Based on property information with market context.
This offering is a shovel-ready commercial land parcel totaling 4.204 acres, positioned as a development pad site for immediate medical use. The seller has plans in place for a two-story medical office building for Phase 1, totaling approximately 30,000 SF, and a surgery center for Phase 2 totaling approximately 15,000 SF. The package includes full architectural elevations, civil engineering, and site work designed and permit-ready, with utilities, easements, and access shown as in place per the recorded ALTA survey. The property is identified as Block A, Lot 2 of Prosper Town Center Phase VI (183,141 SF).
The site is located just east of N. Preston Road (TX-289), where the frontage traffic count is listed as 42,872 VPD. It is immediately adjacent to CVS Pharmacy and Tribute Senior Living (assisted living and memory care), with surrounding Class A professional office. The listing also notes that the area includes nearby education uses, including Reynolds Middle School and Prosper High School within walking distance.
For healthcare providers, developers, and operators, the primary advantage is the readiness to move into construction with approved plans and a due diligence package available upon request. With Zone X noted as outside the 0.2% floodplain and due diligence materials available for review, the parcel is presented as a straightforward platform for specialty medical, dental, surgical, and ancillary healthcare development.
The site is located just east of N. Preston Road (TX-289), where the frontage traffic count is listed as 42,872 VPD. It is immediately adjacent to CVS Pharmacy and Tribute Senior Living (assisted living and memory care), with surrounding Class A professional office. The listing also notes that the area includes nearby education uses, including Reynolds Middle School and Prosper High School within walking distance.
For healthcare providers, developers, and operators, the primary advantage is the readiness to move into construction with approved plans and a due diligence package available upon request. With Zone X noted as outside the 0.2% floodplain and due diligence materials available for review, the parcel is presented as a straightforward platform for specialty medical, dental, surgical, and ancillary healthcare development.
Key Highlights
- 4.204‑acre shovel‑ready pad site in Prosper Town Center for immediate medical office or surgery center development
- Approved plans for a 130,000 SF two‑story Medical Office Building (Phase 1) and a 15,000 SF Surgery Center (Phase 2)
- Plans include full architectural elevations, civil engineering, and site work designed and permit‑ready
Property Analytics
Property Profile
Current Use
Lease Details
42,872 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
Demographics for 75078, TX
38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans and permit-ready site infrastructure support immediate medical office or surgery center development.
Where is this commercial land located?
The property is located at 241 S Preston Rd Prosper, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 4.204‑acre shovel‑ready pad site in Prosper Town Center for immediate medical office or surgery center development; Approved plans for a 130,000 SF two‑story Medical Office Building (Phase 1) and a 15,000 SF Surgery Center (Phase 2); Plans include full architectural elevations, civil engineering, and site work designed and permit‑ready
