900 Princeton Dr, Princeton, TX 75407
This exceptional 4.7-acre development parcel presents a unique investment opportunity in Princeton, Texas, a rapidly growing community within the Dallas-Fort Worth metroplex. Located in a high-demand development zone, this property boasts approximately 800 feet of frontage on Princeton Drive and 350 feet on Bois D'Arc Avenue. Its strategic location offers unparalleled visibility and accessibility, situated adjacent to Princeton High School, Lovelady High School, Clark Middle School, and Canup Early Childhood Center. The site is also directly across from several recently constructed multifamily developments, including Southgate Apartments, Cypress Creek at Hazelwood Street, and Hazelwood Apartments, ensuring a consistent flow of traffic and a thriving surrounding community. Zoned C-2, this land is ideally suited for a variety of commercial or mixed-use developments, capitalizing on Princeton's booming residential growth and the city's ongoing infrastructure investments supporting retail, industry, and services. The property's proximity to major roadways and its location within a vibrant, expanding area make it an exceptional choice for developers seeking immediate growth opportunities. On-site inspections are available by appointment only on November 13th, 20th, and December 4th. The bid deadline is December 12th at 5:00 PM CT. The property is located at 900 E Princeton Dr, Princeton, TX 75407, in Collin County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.