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    Nwc Preston Rd. & Frontier Pkwy Fm 1461 Prosper, TX 75078

    Sponsored
    For Sale
    Contact for pricing

    1.87 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.87-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Celina, Texas market. Located at the Northwest corner of Preston Road (TX 289) and Frontier Parkway (FM 1461), this property boasts unparalleled visibility and accessibility. The site is zoned PD 67, allowing for a diverse range of commercial developments, including retail, restaurants, office spaces, multi-family residential (both single-story and multi-story), providing flexibility for various development plans. The property is divisible, with potential lots ranging from approximately 0.85 acres to 1.94 acres. High traffic counts are a key feature, with Preston Road registering 31,122 vehicles per day and Frontier Parkway showing 9,231 vehicles per day. Utilities are currently being installed on-site, streamlining the development process. This prime location in Denton County, Texas, zip code 75078, offers exceptional potential for significant return on investment. The property's strategic positioning at a major intersection ensures high visibility and convenient access for potential businesses and residents. This is an ideal opportunity for developers seeking a versatile and high-demand location in a thriving Texas community. Don't miss this chance to acquire a piece of Celina's burgeoning commercial landscape.

    Property Features for 0 Nwc Preston Rd. & Frontier Pkwy Fm 1461

    General Information

    Property type
    Land
    Lot Size
    81,457 SF

    HighLights

    • ±1.09‑acre lot available.
    • ±0.89‑acre lot available.
    • ±1.03‑acre lot available.
    • ±1.94‑acre lot available (divisible).
    • ±0.85‑acre lot available.
    • ±1.02‑acre lot available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Denton
    State
    Texas
    Longitude
    -96.784848
    Latitude
    33.263244

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    FAQs

    What type of property is this?
    Land - 1.87 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Nwc Preston Rd. & Frontier Pkwy Fm 1461 Prosper, TX.
    What are key features of this property?
    This property features: ±1.09-acre lot available.; ±0.89-acre lot available.; ±1.03-acre lot available.
    (214) 526-3626
    Request Owner's contact information
    Nwc Preston Rd. & Frontier Pkwy Fm 1461 Prosper, TX 75078
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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
    Nwc Preston Rd. & Frontier Pkwy Fm 1461 Prosper, TX 75078
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