Property summary
This exceptional 2.846-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Princeton, Texas. Situated at the Northwest corner of Monte Carlo Boulevard and FM 75, this property benefits from its strategic location within Collin County, a region experiencing significant economic expansion. Princeton itself boasts impressive growth, with a consistent 15% annual increase over the past three to four years, a trend projected to continue. The area's robust development is further evidenced by a substantial 416% surge in new housing starts between 2017 and 2018. This prime location offers convenient access to the major transportation arteries connecting Princeton to the greater Dallas-Fort Worth metroplex via US Highway 380, ensuring excellent visibility and accessibility for any commercial venture. The property's size and location make it ideal for a variety of commercial developments, catering to the needs of a rapidly expanding population and robust business environment. The address is specifically Nwc of Monte Carlo Blvd and Fm 75, Princeton, TX 75407. This is a rare opportunity to acquire land in one of the fastest-growing areas of Collin County, offering significant potential for long-term appreciation and strong returns on investment. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Don't miss this chance to capitalize on the explosive growth of Princeton, Texas.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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