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    Swq 380 & Boorman Ln Princeton, TX 75407

    Sponsored
    For Sale
    $9,250,000

    Prime 26-acre retail site in booming Princeton, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 26-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding city of Princeton, Texas. Located at the intersection of SWQ 380 and Boorman Lane, this property boasts unparalleled visibility and accessibility, situated directly across from Princeton High School. The high daytime traffic counts generated by the school, combined with convenient access from US 380, create an ideal location for a variety of retail developments. Princeton's population has more than tripled in the last decade, fueling a robust residential growth that continues to surge throughout the area, ensuring a strong and expanding customer base for any retail venture established here. The land offers multiple pad/retail development opportunities, making it suitable for a range of commercial projects. The asking price is $9,250,000, with a land value ranging from $8 to $12 per square foot. This property is zoned for commercial use and presents a unique chance to capitalize on the significant growth and potential of this thriving Texas community. The site's strategic location and the city's impressive population growth make this a truly exceptional investment prospect. Collin County location and 75407 zip code.

    Property Features for 0 Swq 380 & Boorman Ln

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • 26‑acre commercial land parcel in Princeton, TX.
    • High‑visibility location at SWQ 380 and Boorman Lane, across from Princeton High School.
    • Multiple pad/retail development opportunities.
    • $9,250,000 asking price; $8-$12/SF land value.
    • Zoned for commercial use in Collin County (75407 zip code).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.481133
    Latitude
    33.1775173

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    FAQs

    What type of property is this?
    Land - Prime 26-acre retail site in booming Princeton, TX
    Where is this land located?
    The property is located at Swq 380 & Boorman Ln Princeton, TX.
    What is the asking price?
    The asking price for this property is $9,250,000.
    What are key features of this property?
    This property features: 26-acre commercial land parcel in Princeton, TX.; High-visibility location at SWQ 380 and Boorman Lane, across from Princeton High School.; Multiple pad/retail development opportunities.
    (214) 960-4528
    Request Owner's contact information
    Swq 380 & Boorman Ln 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
    Swq 380 & Boorman Ln Princeton, TX 75407
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