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Property profile & analytics
OFF-MARKET
Land

0 Nwc Preston Rd. & Frontier Pkwy Fm 1461 Prosper, TX 75078

1.87 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.87-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Celina, Texas market. Located at the Northwest corner of Preston Road (TX 289) and Frontier Parkway (FM 1461), this property boasts unparalleled visibility and accessibility. The site is zoned PD 67, allowing for a diverse range of commercial developments, including retail, restaurants, office spaces, multi-family residential (both single-story and multi-story), providing flexibility for various development plans. The property is divisible, with potential lots ranging from approximately 0.85 acres to 1.94 acres. High traffic counts are a key feature, with Preston Road registering 31,122 vehicles per day and Frontier Parkway showing 9,231 vehicles per day. Utilities are currently being installed on-site, streamlining the development process. This prime location in Denton County, Texas, zip code 75078, offers exceptional potential for significant return on investment. The property's strategic positioning at a major intersection ensures high visibility and convenient access for potential businesses and residents. This is an ideal opportunity for developers seeking a versatile and high-demand location in a thriving Texas community. Don't miss this chance to acquire a piece of Celina's burgeoning commercial landscape.

Property profile
Verified
Property type Land
Lot 1.87 ac (81,457 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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