Current Use by Public Records
- Land
Property Details for 380 Teel Pkwy
- Lot size
- 1.09 lot acres
- Property type
- Land
Description
This exceptional commercial land parcel, located at the northwest corner of US 380 and Teel Parkway in Prosper, Texas, presents a unique investment opportunity. The property encompasses between 1.09 and 2.79 acres of land, strategically positioned along the heavily trafficked Highway 380 corridor. This prime location is at the heart of significant commercial and residential growth within Prosper, Denton County. The property boasts excellent visibility and accessibility, featuring signalized, lighted intersections with curb cuts on both US 380 and Teel Parkway, allowing for convenient cross-access. Zoned PD-40, this versatile land allows for a wide range of commercial uses, making it ideal for developers seeking to capitalize on the area's booming economy. The site benefits from its proximity to the future PGA headquarters, two TPC golf courses, and a surrounding mixed-use development featuring both residential and commercial components. This combination of existing dense residential areas and ongoing growth projects ensures a strong and stable market for this development. The property's frontage on Highway 380 provides exceptional exposure to a high volume of daily traffic, maximizing visibility and potential for business success. This is a rare opportunity to acquire a well-located, commercially zoned parcel in one of Texas's fastest-growing communities. The zip code is 75078.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prosper
- County
- Denton
- State
- Texas
- Longitude
- -96.8604
- Latitude
- 33.2299
