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    OFF-MARKET
    Land

    900 Princeton Dr, Princeton, TX 75407

    4.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 4.7 ac (204,732 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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