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    OFF-MARKET
    Commercial real estate

    714 Fm 982, Princeton, TX 75407

    9.16 ac lot
    Property ID
    US82-3006750
    Property summary
    AI-generated overview

    This exceptional 9.16-acre commercial land parcel presents a unique investment opportunity in Princeton, Texas, within Collin County. Located at 714 FM 982, the property boasts approximately 1270 feet of frontage on FM 982, offering significant visibility and accessibility. The land features a relatively flat topography, simplifying development plans. Existing improvements include a house and an outbuilding, providing potential for immediate use or redevelopment. Utilities are in place, including a 24-inch water line and a septic system. It's important to note that portions of this property lie within a designated floodplain, a factor that must be considered in any development plans. The property is zoned ETJ (Extraterritorial Jurisdiction), offering flexibility for various commercial uses, subject to Collin County regulations. The asking price for this strategically located commercial land is $2,990,000. This property's size, location, and existing infrastructure make it an attractive prospect for a wide range of commercial ventures. Detailed site plans and floodplain information are available upon request. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 9.16 ac (399,010 SF)
    UPID US82-3006750
    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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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