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    1St St Prosper, TX 75078

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land, Prosper, TX. Excellent Development Opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 60± acre commercial land parcel presents a unique investment opportunity in the thriving city of Prosper, Texas. Located in Collin County, with a convenient address on W. First Street (zip code 75078), this property boasts 1,326± feet of frontage. The land is zoned PD-41, allowing for a variety of development possibilities. Utilities, including water and sewer, are readily available at the site. The strategic location offers unparalleled access to significant developments, including the PGA Headquarters, Children's Hospital, Prosper Gateway, and the Gates of Prosper. Furthermore, the property benefits from its proximity to high-end residential communities such as Star Trail and Windsong Ranch, enhancing its desirability and potential for future growth. This expansive tract is ideally positioned to capitalize on the continued expansion and prosperity of the Prosper area. Contact for pricing.

    Property Features for 0 1St St

    General Information

    Property type
    Land
    Lot Size
    2,613,600 SF

    HighLights

    • 60± acre commercial land parcel in Prosper, TX.
    • Water and sewer utilities on‑site.
    • 1,326± feet of frontage on W. First Street.
    • PD‑41 zoning.
    • Price: Contact broker for pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.82549942
    Latitude
    33.23386819

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Prosper, TX. Excellent Development Opportunity.
    Where is this land located?
    The property is located at 1St St Prosper, TX.
    What are key features of this property?
    This property features: 60± acre commercial land parcel in Prosper, TX.; Water and sewer utilities on-site.; 1,326± feet of frontage on W. First Street.
    Request Owner's contact information
    1St St 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
    1St St Prosper, TX 75078
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