Commercial Real Estate Market in Prosper, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
137 active listings and 723 off-market properties in Prosper, TX. Commercial property asks $442/SF to buy and $26.32/SF/Yr to lease.
Market Trends
Prosper, TX spans 31.6 square miles in Collin County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Prosper, TX asks $381/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Prosper, TX asks $764/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Prosper, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Prosper, TX asks $244/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 71.1%
- Residential 11.8%
- Agricultural 11%
- Commercial 4.4%
- Industrial 1.4%
Largest Zones share of zoned land by district
Single Family Planned Development
Agricultural
Single Family Residential
Single Family Planned Development
Single Family Planned Development
Single Family Planned Development (SF/PD-40)
This district will provide for development of single family detached dwelling units on a minimum lot size of one acre
Market overview
Demographics & Economy
Prosper, TX has 38,980 residents in 14,409 households. Density runs 1,235 people per square mile. Median household income here is $187,634 and median gross rent $2,284 a month.
38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,235
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $26.32/SF/Yr lease vs $442/SF buy → buying wins if held > 5.4 years.
At a 5.9% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Celina | — | $21.57 |
| Frisco | — | $33.20 |
| Providence Village | — | — |
| Little Elm | — | — |
Commercial property in Prosper, TX asks $442/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Prosper?
Commercial property in Prosper, TX asks an average of $442 per square foot. Retail carries the highest asking price at $764/SF.
How much does it cost to lease commercial space in Prosper?
Asking lease rates in Prosper, TX average $26.32 per square foot per year.
Is it cheaper to lease or buy commercial space in Prosper?
Buying beats leasing in Prosper, TX if the property is held longer than 5.4 years, comparing $26.32/SF/Yr asking rent with $442/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Prosper market data come from?
Realmo compiles Prosper, TX figures from 71 active sale listings, 66 active lease listings, 723 tracked off-market properties, the current Prosper zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 71 active for-sale and 66 active for-lease listings in Prosper, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 16,295 zoned acres across 203 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
