2nd St And County Rd, Princeton, TX 75407
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.
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
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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.