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    1523 Longneck Rd Princeton, TX 75407

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    For Sale
    Contact for pricing

    1.14 Acres, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity in the thriving city of Princeton, Texas. Located at 1523 Longneck Rd, 75407, in Collin County, this property is zoned SF-E, offering significant potential for various commercial ventures. Its strategic location within a rapidly expanding residential area provides immediate access to a substantial and growing consumer base. The surrounding area boasts numerous recently completed, ongoing, and planned residential developments, including the substantial Whitewing Trails (2,866 units), Park Trails (608 units), and Villas of Monte Carlo (474 units), ensuring a consistent influx of residents and increased demand for commercial services. This prime location offers unparalleled visibility and accessibility, making it an ideal site for a wide range of commercial uses. The property's size and zoning provide ample flexibility for developers seeking to capitalize on the area's robust growth trajectory. This is a rare opportunity to acquire a strategically positioned commercial lot in one of Texas's fastest-growing markets. The property's proximity to established residential communities guarantees a strong foundation for future commercial success. Don't miss this chance to secure a piece of Princeton's vibrant future.

    Property Features for 1523 Longneck Rd

    General Information

    Property type
    Land
    Lot Size
    49,658 SF

    HighLights

    • 1.14‑acre commercial land parcel in Princeton, Texas.
    • Zoned SF‑E.
    • Located in Collin County, at 1523 Longneck Rd, Princeton, TX 75407.
    • Situated near several large residential developments, presenting strong potential for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.5038725
    Latitude
    33.1901679

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    FAQs

    What type of property is this?
    Land - 1.14 Acres, Excellent Location
    Where is this land located?
    The property is located at 1523 Longneck Rd Princeton, TX.
    What are key features of this property?
    This property features: 1.14-acre commercial land parcel in Princeton, Texas.; Zoned SF-E.; Located in Collin County, at 1523 Longneck Rd, Princeton, TX 75407.
    (214) 416-8223
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    1523 Longneck Rd Princeton, TX 75407
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    Princeton, TX 75407
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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
    1523 Longneck Rd Princeton, TX 75407
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