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    OFF-MARKET
    Retail properties & Spaces

    2nd St And County Rd, Princeton, TX 75407

    0.61 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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