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Custer Rd Prosper, TX 75071

Sponsored
For Sale
$2,400,000

3.49 Acres, Custer Rd, Prosper, TX

Description

Added:
Dec 11, 2024
Days on Market:
398
This exceptional 3.49-acre commercial land parcel presents a significant investment opportunity in the thriving city of McKinney, Texas. Located on North Custer Road, between US 380 and Prosper Trail/Bloomfield Road, this property boasts approximately 1,000 feet of frontage. The land is reclaimable from a previous flood condition, with the majority of the necessary engineering already completed and contingent city approvals secured. While the buyer will be responsible for final dirt work, the Letter of Map Revision (LOMR) application, and final platting after closing, this significantly reduces development hurdles. The property is zoned PD currently, with a likely rezoning to C2. This prime location is surrounded by new developments, reflecting the booming growth of McKinney and Collin County. The asking price is $2,400,000, translating to $15.79 per square foot. The median home value within a three-mile radius is approximately $550,000, underscoring the area's strong residential market and its potential for commercial success. Note that this sale involves 3.49+/- reclaimable acres out of a larger 8.022-acre tract. North Custer Road has recently been widened to four lanes, enhancing accessibility and visibility. This property is ideal for office and retail commercial uses, offering a unique blend of convenience, accessibility, and growth potential in a highly desirable location.

Property Features for 0 Custer Rd

General Information

Property type
Land
Lot Size
152,024 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Prosper
County
Collin
State
Texas
Longitude
-96.732435356896
Latitude
33.239173615473

FAQs

What type of property is this?
Land - 3.49 Acres, Custer Rd, Prosper, TX
Where is this land located?
The property is located at Custer Rd Prosper, TX.
What is the asking price?
The asking price for this property is $2,400,000.
More about this property
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