Property profile

2nd St And County Rd Princeton, TX 75407

OFF-MARKET
Retail properties & Spaces
0.61 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire prime commercial land in Princeton, Texas, situated at the intersection of 2nd Street and County Road 452, zip code 75407. This offering encompasses multiple parcels ideal for various retail developments. The property includes a large 7.05-acre site suitable for an anchor grocery store, priced at $15 per square foot. Additionally, several smaller pad sites are available, ranging from 0.61 acres to 1.92 acres, priced at $17.50 per square foot. These sites are perfect for multi-tenant strip centers, offering drive-thru capabilities. All parcels are zoned for retail use, making them exceptionally well-suited for a variety of commercial ventures. The 1.92-acre parcel is particularly well-suited for a multi-tenant strip center development. A 1.42-acre detention site is included with the 7.05-acre anchor grocery site. This strategically located property presents a compelling investment opportunity in a thriving Texas market. The total acreage available spans from 0.61 acres to 7.05 acres, providing flexibility for various development plans. Don't miss this chance to secure a piece of this highly desirable retail real estate.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.61 ac (26,572 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2nd St And County Rd Princeton, TX 75407
Princeton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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