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    Nwc - Mahard Pkwy. & Pr Dr Prosper, TX 75078

    For Sale
    Contact for pricing

    Prime Prosper Office Land, 2.58 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.58-acre commercial land parcel presents a remarkable opportunity for development in the thriving city of Prosper, Texas. Located at the Northwest corner of Mahard Parkway and Prairie Drive, this property boasts a highly desirable Office zoning designation, allowing for a wide range of commercial construction projects. Utilities, including water and sewer, are readily available to the site, simplifying the development process and minimizing upfront costs. The expansive lot size provides ample space for a substantial building, offering flexibility in design and functionality. Situated in Collin County, this location benefits from Prosper's robust economic growth and strategic position within the Dallas-Fort Worth metroplex, ensuring high visibility and accessibility. The address, NWC Mahard Pkwy & Prairie Dr., Prosper, TX 75078, places the property in a prime area for attracting businesses and professionals. This is an ideal investment for developers seeking a prime location to build a successful commercial venture. The property's size and zoning make it suitable for a variety of office developments, from small professional offices to larger corporate headquarters. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area with excellent infrastructure and access to major transportation routes. Don't miss this chance to secure a piece of Prosper's vibrant commercial landscape.

    Property Features for 0 Nwc - Mahard Pkwy. & Pr Dr

    General Information

    Property type
    Land
    Lot Size
    112,385 SF

    HighLights

    • ±2.58‑acre commercial land parcel in Prosper, TX.
    • Office zoning.
    • Water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.833078
    Latitude
    33.225575

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    FAQs

    What type of property is this?
    Land - Prime Prosper Office Land, 2.58 Acres
    Where is this land located?
    The property is located at Nwc - Mahard Pkwy. & Pr Dr Prosper, TX.
    What are key features of this property?
    This property features: ±2.58-acre commercial land parcel in Prosper, TX.; Office zoning.; Water and sewer available.
    (214) 526-3626
    Request Owner's contact information
    Nwc - Mahard Pkwy. & 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.

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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
    Nwc - Mahard Pkwy. & Pr Dr Prosper, TX 75078
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