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0 Neq Preston Rd & Panther Crk Pkwy Frisco, TX 75035

OFF-MARKET Land Google Maps
7.02 ac lot
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 7.02-acre commercial land parcel is situated in the rapidly growing city of Frisco, Texas, at the northeast corner of Preston Road and Panther Creek Parkway. The property benefits from its strategic location adjacent to the new 100-acre University of North Texas Frisco campus, currently under construction and slated to open in Spring 2023. This proximity to the university, coupled with the planned University Village featuring single-family and multifamily housing directly across the street, creates a high-demand area for future development. Furthermore, the property's location within the thriving "Sports City USA," home to major sports venues like The Star (Dallas Cowboys), Toyota Stadium (FC Dallas), and Dr. Pepper Ballpark, ensures a robust and dynamic environment. The site is also near the 2,500-acre Fields Project, which includes the PGA of America's new headquarters and championship golf resort, and the proposed Universal Studios. With excellent access to major thoroughfares like US 380 and the Dallas North Tollway, and frontage along Preston Road, this land presents a significant opportunity for immediate or future development. Proposed uses include office, medical office, and retail spaces, catering to the growing population and economic activity in the area. The property's size and location make it an ideal investment for developers seeking a prime location in one of Texas's fastest-growing cities.

Property profile

Verified
Property type Land
Lot 7.02 ac (305,791 SF)

Cap rate & NOI

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

Value estimations

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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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