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    Nwc - Legacy Dr. & Pr Dr Prosper, TX 75078

    For Sale
    Contact for pricing

    Prime Commercial Land, Prosper, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.21-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Prosper, Texas. Located at the Northwest corner of Legacy Drive and Prairie Drive, this property boasts a highly desirable PD-65 zoning designation, permitting a wide range of neighborhood commercial and retail uses. The expansive lot size offers significant development potential for a variety of projects, catering to the growing needs of the Prosper community. The site benefits from readily available water and sewer utilities, simplifying the development process and minimizing upfront infrastructure costs. Situated in Denton County, this strategically located land parcel enjoys excellent visibility and accessibility, ensuring high traffic volume and strong potential for attracting a diverse clientele. With its prime location, flexible zoning, and essential utilities already in place, this property represents a unique chance to capitalize on the robust economic growth and expanding population of Prosper, Texas. The address is NWC - Legacy Dr. & Prairie Dr, Prosper, TX 75078. This is a truly exceptional opportunity for developers and investors seeking a high-value commercial land asset in a rapidly developing market.

    Property Features for 0 Nwc - Legacy Dr. & Pr Dr

    General Information

    Property type
    Land
    Lot Size
    270,508 SF

    HighLights

    • ± 6.21‑acre commercial land parcel.
    • PD‑65 zoning, allowing neighborhood commercial and retail uses.
    • Water and sewer utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Denton
    State
    Texas
    Longitude
    -96.84415
    Latitude
    33.225844

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Prosper, TX
    Where is this land located?
    The property is located at Nwc - Legacy Dr. & Pr Dr Prosper, TX.
    What are key features of this property?
    This property features: ± 6.21-acre commercial land parcel.; PD-65 zoning, allowing neighborhood commercial and retail uses.; Water and sewer utilities available.
    (214) 526-3626
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    Nwc - Legacy Dr. & Pr Dr 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 - Legacy Dr. & Pr Dr Prosper, TX 75078
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