8020 Fm2478 Prosper, TX 75078
This exceptional 31.97-acre property presents a unique investment opportunity in Prosper, Texas. Located at 8020 FM 2478, this unzoned land boasts a strategic position between Frontier Parkway and the Outer Loop, situated on the east side of Custer Road. Its location within the McKinney Extraterritorial Jurisdiction, specifically the Northridge District, offers significant potential for future development. The property is served by the Celina Independent School District. Given its substantial size and prime location, this land is well-suited for a variety of uses, including agricultural, commercial, and residential development. The area is experiencing significant growth, with ongoing development projects to the south and west, further enhancing the property's value and investment potential. The asking price for this expansive tract is $9,250,000. This represents a compelling opportunity to capitalize on the burgeoning growth in Collin County, Texas. The property's address is 8020 FM 2478, Prosper, TX 75078.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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