Medical Development
For Sale
$4,500,000
241 S Preston Road, Prosper, TX 75078
Land, Prosper, TX
Property SizeContact for details
Lot Size4.20 Acres
Days on Market158
Property Features for 241 S Preston Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial- Previously approved for medical
Subdivision
Prosper Town Center Ph VI
Lot features
Acreage, Level
Elementary school
Judy Rucker
Middle school
Reynolds
High school
Prosper
Elementary school district
Prosper ISD
Middle school district
Prosper ISD
High school district
Prosper ISD
Directions
From Dallas North Tollway, exit US-380 and head west to Preston Rd (TX-289). Go north on Preston Rd approximately 2.5 miles to E. First Street in Prosper. Turn east on First Street, then south into the Prosper Town Center development. Site is the 4.2-acre interior pad located east of CVS Pharmacy
Standard status
Active
APN
R1154300A00201
Lot size
4.20 Acres
Taxes and HOA fees
Tax Description
PROSPER TOWN CENTER PHASE VI (CPR), BLK A, LO
Tax Annual Amount
39877
Legal Description
PROSPER TOWN CENTER PHASE VI (CPR), BLK A, LO
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Wells Asset Management
(972) 458-2588
Listed By:
Austin Wells · License #0823411
(214) 216-2161
Added: Apr 24
Changed: Sep 4
Last Checked: Sep 28 at 10:06AM
MLS# 21249611
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4.204-acre commercial land parcel is configured for phased healthcare development, with plans prepared for approximately 30,000 SF of two-story medical office space and approximately 15,000 SF for a surgery center. Architectural elevations, civil engineering, and site-work documentation are included, with plans described as permit-ready. The property comprises Block A, Lot 2 within Prosper Town Center Phase VI and contains 183,141 SF.
Positioned east of N. Preston Road, also identified as TX-289, the site has reported exposure to 42,872 VPD. CVS Pharmacy, Tribute Senior Living, and Class A professional office properties are adjacent or nearby. The Gates of Prosper is located less than one mile away, while Reynolds Middle School and Prosper High School are within walking distance. Public water and public sewer serve the property, and the site is identified as Zone X, outside the 0.2% floodplain.
Positioned east of N. Preston Road, also identified as TX-289, the site has reported exposure to 42,872 VPD. CVS Pharmacy, Tribute Senior Living, and Class A professional office properties are adjacent or nearby. The Gates of Prosper is located less than one mile away, while Reynolds Middle School and Prosper High School are within walking distance. Public water and public sewer serve the property, and the site is identified as Zone X, outside the 0.2% floodplain.
Key Highlights
- 4.204‑acre commercial land parcel in Prosper Town Center Phase VI
- Plans for approximately 30,000 SF of two‑story medical office space
- Additional plans for approximately 15,000 SF surgery center space
Property Analytics
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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
666
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 - Permit-ready plans support a medical office and surgery center development.
Where is this commercial land located?
The property is located at 241 S Preston Road 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 commercial land parcel in Prosper Town Center Phase VI; Plans for approximately 30,000 SF of two‑story medical office space; Additional plans for approximately 15,000 SF surgery center space
