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Property profile & analytics
OFF-MARKET
Commercial real estate

1424 Longneck Rd Princeton, TX 75407

12.82 ac lot
Property ID
US82-4492558
Property summary
AI-generated overview

This 12.82-acre property in Princeton, Texas, offers significant development potential. Currently zoned for agricultural use, the property boasts approximately 2.63 acres of buildable land outside the flood zone, making it ideal for a variety of commercial ventures. The future use plan designates this land for commercial development, presenting a unique opportunity for investors. Strategically located at the intersection of Longneck Road and Monte Carlo Boulevard, the property provides convenient access via two on-site points. Existing city water and sewer lines are readily available, simplifying infrastructure needs. The land itself is level and roughly graded, and includes a pre-existing residential structure. The property's location is further enhanced by its proximity to Highway 380, just one mile to the north, providing excellent accessibility. The APN is R616600514801. This versatile parcel presents a compelling investment opportunity in a rapidly growing area. The property's size and location make it suitable for a range of commercial or industrial uses, while its current agricultural zoning offers flexibility.

Property profile
Verified
Property type Commercial real estate
Lot 12.82 ac (558,439 SF)
APN R616600514801
UPID US82-4492558
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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