Prosper Nwq Preston Rd & Broadway St Frisco, TX 75033
This exceptional 5.58-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Prosper, Texas. Located at the intersection of NWQ Preston Road and Broadway Street, this property boasts unparalleled visibility and accessibility. The site is zoned PD-R&O (Planned Development - Retail & Office), offering flexibility for a wide range of commercial developments. Its strategic position directly across from the Windmill Hill Office Development ensures high traffic counts and strong potential for synergy. The property benefits from its proximity to major retail anchors including Walmart, Kohl's, Dick's Sporting Goods, Hobby Lobby, Ross, Michael's, TJ Maxx, HomeGoods, DSW, Ulta, and many more national retailers, creating a robust and established commercial environment. Furthermore, easy access to the Dallas North Tollway and US-380 provides convenient connectivity for employees and customers. This exceptional location, combined with its flexible zoning and proximity to significant retail developments, makes this 5.58-acre parcel an ideal site for a variety of commercial ventures. The property is situated just north of the Gates of Prosper community, ensuring a strong residential base to support commercial activity. Contact us today to learn more about this exceptional opportunity.
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
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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.