380 And Monte Carlo Blvd, Princeton, TX 75407
This exceptional commercial property, located at the highly visible signalized intersection of US 380 and Monte Carlo Boulevard in Princeton, Texas (zip code 75407), offers a variety of land and pad sites ideal for retail development. The property is zoned C-1 Commercial, allowing for a range of commercial uses. Several options are available, catering to diverse needs. One option includes up to 20,000 square feet of retail space, projected to be ready for occupancy in the second quarter of 2025. A drive-thru end cap is also available within this space. Land parcels are also available for purchase, offering flexibility in size and development potential. Lot 4, encompassing 5.366 acres, is currently available for sale and is divisible to accommodate various project scopes. Note that Lots 1 (1.987 acres) and Lot 2 (1.211 acres) are currently under contract. This location boasts excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a high-traffic location in a rapidly growing area of Collin County. The property's strategic positioning at a major intersection ensures significant exposure to a large customer base. Contact us for detailed pricing and further information.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.