621 4th St Princeton, TX 75407-6604
This exceptional retail property, situated at 621 N 4th Street in Princeton, Texas, presents a compelling investment opportunity. Priced at $150,000, this 675-square-foot building sits on a 0.06-acre lot and is zoned C-1 Commercial, offering versatility for a range of businesses. The property benefits from a highly visible location, experiencing an average daily traffic count of 6,222 vehicles, ensuring significant exposure to potential customers. Princeton, TX is experiencing remarkable growth, projected to see over 8% population increase within the next five years. This robust growth is coupled with a strong median household income of $108,812, indicating a healthy and affluent consumer base. The property's size and zoning make it ideal for a boutique shop, small office, or service-based business seeking to capitalize on Princeton's burgeoning market. This is a rare chance to secure a prime commercial space in one of North Texas's fastest-growing communities. The property's location and the town's projected growth make this an excellent investment for long-term profitability. Don't miss this chance to establish or expand your business in this dynamic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMM · Princeton, TXPrinceton. Always verify with local authorities before improvements.
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.