Commercial Land Redevelopment
4012 S Legacy Drive Prosper, TX 75078
4012 S Legacy Drive, Prosper, TX, 75078
$5,368,000
For Sale
$5,368,000
LAND - Prosper, TX
Lot Size10.27 Acres
Days on Market172
Property Features for 4012 S Legacy Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- R626200000701
- Lot size
- 10.27 Acres
Taxes and HOA fees
- Tax Description
- ABS A0262 WILLIAM DEAVENPORT SURVEY, TRACT 7,
- Tax Annual Amount
- 5787
Utilities
- Utilities
- Propane
- Sewer type
- Septic Tank, Aerobic Septic
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Private
Building Details
- Year built
- 1983
Listing Agency
Monument Realty
(214) 705-7827
Frisco, TX
Listed by
Wayne Bartley JR · License #0640569
(214) 705-7827
Added: Jan 27 Checked: Jul 18 at 9:06 am
MLS# 21163611
Listing URL
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Investment Insights
Based on property information with market context.
Offering about 10.27 acres of commercially positioned land, this site features approximately 587 feet of frontage on Legacy Drive to support visibility and straightforward access for future development. The property is currently located in Celina’s ETJ and carries an agricultural exemption, presenting a clean redevelopment opportunity for an investor or developer looking to reposition land for higher and better use.
The property sits near the Dallas North Tollway and is positioned within a rapidly developing growth corridor. Surrounding land uses include established and planned residential communities to the east and west (Creeks of Legacy), while land to the north is owned by the City of Celina, factors that can support sustained area demand and ongoing traffic generation. As with most ETJ properties, any future entitlement work would be subject to annexation and zoning.
This offering is well suited for future commercial, mixed-use, or institutional development, depending on annexation and zoning outcomes. For buyers underwriting a long-term hold or a future development plan, the combination of road frontage, corridor location, and redevelopment-ready characteristics can make it an attractive platform for a range of projects.
The property sits near the Dallas North Tollway and is positioned within a rapidly developing growth corridor. Surrounding land uses include established and planned residential communities to the east and west (Creeks of Legacy), while land to the north is owned by the City of Celina, factors that can support sustained area demand and ongoing traffic generation. As with most ETJ properties, any future entitlement work would be subject to annexation and zoning.
This offering is well suited for future commercial, mixed-use, or institutional development, depending on annexation and zoning outcomes. For buyers underwriting a long-term hold or a future development plan, the combination of road frontage, corridor location, and redevelopment-ready characteristics can make it an attractive platform for a range of projects.
Key Highlights
- ~10.27 acres of commercially positioned land on Legacy Drive in Celina, TX (Prosper ISD) near the Dallas North Tollway
- Approx. 587 ft of frontage on Legacy Drive for visibility and convenient access
- Located in Celina ETJ with an agricultural exemption
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Strategically positioned land with Legacy Drive frontage and redevelopment upside in a growing corridor within Prosper ISD.
Where is this commercial land located?
The property is located at 4012 S Legacy Drive Prosper, TX.
What is the asking price?
The asking price for this property is $5,368,000.
What are key features of this property?
This property features: ~10.27 acres of commercially positioned land on Legacy Drive in Celina, TX (Prosper ISD) near the Dallas North Tollway; Approx. 587 ft of frontage on Legacy Drive for visibility and convenient access; Located in Celina ETJ with an agricultural exemption