Financial
Distress signals
Property profile

1501 Princeton Dr Princeton, TX 75407

FOR LEASE
Other commercial real estate
Property ID
US82-7932438
11,345 SF 2.29 ac lot Built 2022
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1501 Princeton Dr, Princeton, TX 75407 For Lease
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1501 Princeton Dr, Princeton, TX 75407
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Property summary

AI-generated overview

A Class A retail strip center constructed in 2023, sized at 11,266 square feet, featuring a drive-thru end cap and positioned for retail use along Highway 380 in Princeton. The center is arranged to include frontage exposure on the US 380 corridor and consists of a gross leasable area that includes space configured for lease with multiple units, with built-in rent escalations present in the primary lease term. The property is adjacent to the Village of Princeton and the Princeton Town Center, a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value · 2024$4.30M
Assessed land$1.12M
Assessed improvement$3.18M
Effective rate1.29%

Value estimate

· Sep 2026
$2.57M
$2.31M – $2.82M
CAP approach$2.41M
Submarket $/SF estimate$2.72M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
COMM
JurisdictionCOLLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Pharmacy10.7
Parking Facility10.6

Location

1501 Princeton Dr Princeton, TX 75407
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Us Hwy 380, Princeton, TX 75407 $154,622 Jun 2023 No data
133 Princeton, Princeton, TX 75407-8811 $45,000 Oct 2022 3,750 SF
670 Princeton, Princeton, TX 75407-2533 $47,855 Aug 2022 15,260 SF
317 Princeton, Princeton, TX 75407-9798 $1,615,000 Oct 2020 2,890 SF
764 Princeton, Princeton, TX 75407-9171 $100,000 Jan 2020 1,500 SF
115 Tallant, Princeton, TX 75407 $127,500 Oct 2018 1,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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