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    OFF-MARKET
    Land

    0 2Nd St, Princeton, TX 75407

    11.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11.87-acre property in Princeton, Texas, presents a remarkable investment opportunity. Located on S 2nd St, this land boasts ample frontage on FM 982, ensuring high visibility and accessibility for any development. The property is ideally situated for commercial, retail, or mixed-use projects, offering flexibility for a wide range of ventures. Princeton's designation as one of America's fastest-growing cities by the US Census Bureau underscores the significant potential for appreciation. The site benefits from convenient access to major roadways, including Hwy 380, Hwy 75, and 121, enhancing connectivity and accessibility. Existing infrastructure includes water, power, and city sewer, simplifying development plans. Whether envisioning a private estate, residential community, or commercial enterprise, this expansive land provides a blank canvas for your vision. This unique combination of prime location, substantial acreage, and readily available utilities makes this an unparalleled opportunity to invest in a thriving Texas community with limitless possibilities. The property's location offers the charm of small-town living while maintaining proximity to essential amenities.

    Property profile
    Verified
    Property type Land
    Lot 11.87 ac (517,057 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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