Property profile

911 Co Rd Princeton, TX 75407

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre tract (261,360 square feet) is available for lease in Collin County, Texas, within the extraterritorial jurisdiction (ETJ) of Princeton. The property's versatile zoning allows for a wide range of commercial and residential development options, making it ideal for various uses. Consider a Family Dollar, Dollar General, strip mall, gas station, shopping center, medical offices, storage facility, or childcare center. This prime location benefits from its proximity to Highway 380, ensuring high visibility and accessibility. The area is experiencing significant residential growth, with thousands of new homes under development within a few miles. This translates to a robust and expanding customer base for any commercial venture. Princeton, one of Collin County's fastest-growing cities, offers a strong school district (Princeton ISD) and convenient access to major employment centers. Commuting distances to McKinney, Plano, Allen, Frisco, and Melissa are within 12-25 minutes, while Dallas and DFW Airport are approximately 45 minutes away. The lease is a single-tenant agreement, with the tenant responsible for all associated expenses, including property taxes, insurance, and maintenance. This presents a unique opportunity for investors seeking a high-growth area with significant development potential.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

911 Co Rd Princeton, TX 75407
Princeton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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