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    7928 Preston Rd Plano, TX 75024

    For Sale
    $1,800,000

    2.7 Acres, Prime Plano Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in the thriving city of Plano, Texas. Located at 7928 Preston Road, this property boasts a highly desirable location, situated just east of the Dallas North Tollway and south of the Sam Rayburn Tollway (Highway 121). Its strategic position offers unparalleled access to major transportation arteries, placing it a convenient 23 miles from Dallas/Fort Worth International Airport and 23.3 miles from Downtown Dallas. The site is ideally positioned near significant landmarks, including the Plano Federal Courthouse and Children's Medical Center Plano. Furthermore, the property benefits from proximity to popular retail destinations such as Stonebriar Center in Frisco and Shops of Legacy in Plano, providing easy access to a wide array of shopping, dining, and hospitality options. The zoning designation is 02, allowing for a 75,000 square foot buildable area. This remarkable property offers a unique blend of convenience, visibility, and development potential. Additional features include a prominent Preston Road monument sign, ensuring high visibility, along with the added benefit of natural privacy provided by a creek and mature trees. This is an ideal site for a discerning user seeking a prime location in one of the most dynamic commercial markets in Texas. The asking price for this exceptional property is $1,800,000. Collin County location, zip code 75024.

    Property Features for 7928 Preston Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 75,000 square feet of buildable land.
    • Monument signage available on Preston Road.
    • Private setting with creek and mature trees.
    • Excellent site for a variety of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.8008964
    Latitude
    33.0836822

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    FAQs

    What type of property is this?
    Land - 2.7 Acres, Prime Plano Location
    Where is this land located?
    The property is located at 7928 Preston Rd Plano, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 75,000 square feet of buildable land.; Monument signage available on Preston Road.; Private setting with creek and mature trees.
    (972) 618-1047
    Request Owner's contact information
    7928 Preston Rd Plano, TX 75024
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    Plano, TX 75024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7928 Preston Rd Plano, TX 75024
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