Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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