0 Neq Preston Rd & Lovers Ln Prosper, TX 75078
This exceptional 3.2-acre commercial land parcel presents a unique opportunity for retail development in the thriving city of Prosper, Texas. Located at the northeast quadrant of the intersection of Preston Road and Lovers Lane, this single-tenant site boasts a highly visible location with excellent access and high traffic counts. The property's zoning (information not provided) is ideal for a variety of retail uses, catering to the growing residential population and robust economic activity in the area. The expansive lot size offers ample space for building construction and potential for significant expansion. Situated in Collin County, this property benefits from a strong local economy and a desirable community atmosphere. The address is conveniently located near major thoroughfares, providing easy access for customers and employees. This is an exceptional opportunity to establish a prominent retail presence in one of North Texas's fastest-growing markets. The property is currently available for lease, offering a blank canvas for a visionary developer to create a thriving retail destination. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime location in Prosper's dynamic retail landscape. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for new construction.
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.