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Hard-Corner Commercial Land
New
For Sale
$2,495,000

5551 Fm 982, Princeton, TX 75407

Vacant county land at a hard corner offers a potential site for commercial development along FM 982.

Property SizeContact for details
Days on Market4

Property Features for 5551 Fm 982

General Information

Standard status Active
Property subtype Unimproved Land

Taxes and HOA fees

Annual Taxes $12,046

Building Details

Year Built 1965
Listing Agency: SERHANT
Listed By: Alvarez Signature Group
Source: Alvarezsignaturegroup
Added: Oct 26 Last Checked: Oct 26 at 2:22PM

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 SERHANT

Rey
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Investment Insights

Based on property information with market context.

This 3-acre parcel is vacant, with the structures formerly on the property removed. Its hard-corner position along FM 982 is suited to commercial development, including retail uses identified for the site.

The property is in the county, and the source information notes no known restrictions. Sewer is present in the surrounding area; connecting to sewer would require annexation into the city.

Key Highlights

  • 3‑acre vacant parcel with a hard‑corner position
  • Located along FM 982 in the county
  • Sewer is in the surrounding area; annexation into the city is required for sewer access

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 75407, TX

25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant county land at a hard corner offers a potential site for commercial development along FM 982.
Where is this commercial land located?
The property is located at 5551 Fm 982 Princeton, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 3‑acre vacant parcel with a hard‑corner position; Located along FM 982 in the county; Sewer is in the surrounding area; annexation into the city is required for sewer access
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