Property profile

5353 Fm 982 Princeton, TX 75407

OFF-MARKET
Other commercial real estate
Property ID
US83-1426792
10,000 SF 1.19 ac lot Built 2024
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 22-acre land parcel located at the intersection of 546 and FM 982 in Princeton, Texas, approximately 35 miles northeast of Dallas. The site has access to utilities available at the property. It is situated in unincorporated county land with no zoning restrictions stated for the parcel. The property is adjacent to retail frontage associated with nearby planned developments, including a Lennar single-family community of 225 homes and a planned multi-family development of 370 units.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2024
Total area 10,000 SF
Lot 1.19 ac (51,749 SF)
APN R-13264-00A-0010-1
UPID US83-1426792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5353 Fm 982 Princeton, TX 75407-4733
Princeton metro DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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