Shovel-Ready Medical Pad
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 Market131
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
(972) 458-2588
Added: Apr 24
Changed: Aug 1
Last Checked: Sep 1 at 1:06PM
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 shovel-ready 4.204-acre commercial land parcel is set up for immediate medical development, with approved plans and permit-ready design materials. The Phase 1 concept includes a two-story Medical Office Building with approximately +/-30,000 SF, along with full architectural elevations and civil engineering. Phase 2 contemplates a Surgery Center with approximately +/-15,000 SF. All utilities, easements, and access are in place per a recorded ALTA survey, and the site has public water and public sewer.
The property is positioned just east of N. Preston Road (TX-289) with 42,872 VPD and is immediately adjacent to CVS Pharmacy and Tribute Senior Living. Surrounding uses include Class A professional office, with nearby education options including Reynolds Middle School and Prosper High School. The site is located within Zone X (outside the 0.2% floodplain).
Block A, Lot 2 of Prosper Town Center Phase VI (183,141 SF) offers a straightforward path for healthcare users seeking planned infrastructure and ready-to-advance development.
The property is positioned just east of N. Preston Road (TX-289) with 42,872 VPD and is immediately adjacent to CVS Pharmacy and Tribute Senior Living. Surrounding uses include Class A professional office, with nearby education options including Reynolds Middle School and Prosper High School. The site is located within Zone X (outside the 0.2% floodplain).
Block A, Lot 2 of Prosper Town Center Phase VI (183,141 SF) offers a straightforward path for healthcare users seeking planned infrastructure and ready-to-advance development.
Key Highlights
- Shovel‑ready 4.204‑acre pad site with approved, permit‑ready development plans
- Phase 1: two‑story Medical Office Building concept approx. +/-30,000 SF
- Phase 2: Surgery Center concept approx. +/-15,000 SF
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.204-acre pad site with permit-ready plans for a two-story medical office and a surgery center.
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: Shovel‑ready 4.204‑acre pad site with approved, permit‑ready development plans; Phase 1: two‑story Medical Office Building concept approx. +/-30,000 SF; Phase 2: Surgery Center concept approx. +/-15,000 SF
