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    Neq Preston Rd & Lovers Ln Prosper, TX 75078

    Sponsored
    For Lease
    Contact for pricing

    Prime 3-acre retail site in Prosper, TX

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.2-acre commercial land parcel presents a unique opportunity for retail development in the thriving city of Prosper, Texas. Located at the northeast quadrant of the intersection of Preston Road and Lovers Lane, this single-tenant site boasts a highly visible location with excellent access and high traffic counts. The property's zoning (information not provided) is ideal for a variety of retail uses, catering to the growing residential population and robust economic activity in the area. The expansive lot size offers ample space for building construction and potential for significant expansion. Situated in Collin County, this property benefits from a strong local economy and a desirable community atmosphere. The address is conveniently located near major thoroughfares, providing easy access for customers and employees. This is an exceptional opportunity to establish a prominent retail presence in one of North Texas's fastest-growing markets. The property is currently available for lease, offering a blank canvas for a visionary developer to create a thriving retail destination. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime location in Prosper's dynamic retail landscape. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for new construction.

    Property Features for 0 Neq Preston Rd & Lovers Ln

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • ±3.2 Acres available, fronting Preston Road.
    • Adjacent to Gates of Prosper.
    • Ground lease only.
    • Easy access to Highway 380.
    • Drive‑thru approved.
    • High restaurant sales reported along Preston Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.7957197
    Latitude
    33.2271457

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    FAQs

    What type of property is this?
    Land - Prime 3-acre retail site in Prosper, TX
    Where is this land located?
    The property is located at Neq Preston Rd & Lovers Ln Prosper, TX.
    What are key features of this property?
    This property features: ±3.2 Acres available, fronting Preston Road.; Adjacent to Gates of Prosper.; Ground lease only.
    Request Owner's contact information
    Neq Preston Rd & Lovers Ln 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
    Neq Preston Rd & Lovers Ln Prosper, TX 75078
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