0 Princeton Tx, Princeton, TX 75407
This exceptional 15-acre retail development site, located in the thriving city of Princeton, Texas (zip code 75407), presents a unique investment opportunity. The property, known as the Shoppes at Monticello, is ideally suited for a variety of uses, including ground lease, build-to-suit, or outright sale. Utilities are already in place, significantly reducing development time and costs. The site's multiple tenancy designation allows for flexibility in development plans, catering to a range of potential tenants. The property's zoning allows for the construction of a gas station and daycare center, presenting a compelling opportunity to serve the growing community's needs. Situated in Collin County, this location benefits from excellent access to major transportation routes, ensuring high visibility and convenient access for customers. The property's substantial acreage provides ample space for a large-scale development, offering significant potential for long-term growth and return on investment. This is a rare chance to acquire a prime retail site in a rapidly expanding area of Texas, offering significant potential for future development and profitability. The property's strategic location and versatile zoning make it an attractive proposition for developers seeking a high-impact investment in a thriving market. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a piece of Princeton's vibrant future.
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.