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Property profile & analytics
OFF-MARKET
Land

8020 Fm2478 Prosper, TX 75078

31.97 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 31.97 ac (1,392,613 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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