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    Us Hwy 380 & Legacy Dr Prosper, TX 75078

    For Lease
    Contact for pricing

    10 Acres, Prime Commercial Location

    Lot size:
    453,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.4-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Prosper, Texas market. Situated at the southeast corner of US Highway 380 and Legacy Drive, this property benefits from high visibility and exceptional access to a major thoroughfare. The site is zoned for commercial use and offers significant development potential, accommodating a wide range of commercial ventures. With one existing building on the site, this property offers flexibility for redevelopment or expansion. The location boasts unparalleled convenience, being just three minutes from the PGA of America headquarters in Frisco and a short five-minute drive from the proposed Universal Studios development. This strategic positioning ensures high traffic counts and strong potential for attracting a diverse clientele. The expansive lot size allows for substantial build-out, catering to large-scale projects or the creation of multiple commercial spaces. This prime location in Collin County offers investors a chance to capitalize on the explosive growth of the Prosper area, making it an ideal choice for long-term investment and development. The property is available for multiple tenants, with no minimum or maximum contiguous square footage restrictions. This flexibility allows for customized development plans to suit various business needs. Don't miss this opportunity to secure a prominent position in one of North Texas's most dynamic commercial corridors.

    Property Features for 0 Us Hwy 380 & Legacy Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    453,024 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Lot
    Size
    453,024 SF

    HighLights

    • High‑traffic US Highway 380 location in Prosper, TX.
    • Three‑minute drive to the PGA of America headquarters in Frisco.
    • Five‑minute drive to the proposed Universal Studios.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.8193777
    Latitude
    33.218968

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    FAQs

    What type of property is this?
    Land - 10 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Us Hwy 380 & Legacy Dr Prosper, TX.
    What are key features of this property?
    This property features: High-traffic US Highway 380 location in Prosper, TX.; Three-minute drive to the PGA of America headquarters in Frisco.; Five-minute drive to the proposed Universal Studios.
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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

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    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
    Us Hwy 380 & Legacy Dr Prosper, TX 75078
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