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    OFF-MARKET
    Land

    0 Neq Frontier Pkwy Preston Rd, Prosper, TX 75009

    24 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Celina ETJ, Prosper ISD area of Collin County, Texas. Located at the intersection of NEQ Frontier Parkway and Preston Road, this property boasts a highly desirable location within one of North Texas' fastest-growing communities. According to the US Census Bureau, Prosper ranks as the second fastest-growing community in the region, experiencing robust residential growth with 661 annual home starts and 568 annual home closings, representing an estimated $311,959,611 in construction volume. The area's significant residential development is further evidenced by large-scale projects such as Carter Ranch (835 lots) and Wells South (approximately 1,236 lots), along with Blue Star Land's planned 1,867-home community at Star Trail. This substantial residential expansion creates a strong demand for commercial development, making this 24-acre tract ideally positioned to capitalize on the area's growth trajectory. The property's zoning designation, Celina ETJ Prosper ISD, offers flexibility for a variety of commercial uses, making it an attractive proposition for developers seeking to establish a presence in this thriving market. The property's address is NEQ Frontier Pkwy & Preston Rd, Celina, TX 75009. Its precise coordinates are latitude 33.2626852 and longitude -96.7843746.

    Property profile
    Verified
    Property type Land
    Lot 24 ac (1,045,440 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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