409 E Princeton Dr, Princeton, TX 75407

$1,650,000

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List Price
$1,650,000
Price Change
▼ $200,000 1789170956
MLS#
21208119
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1985
Acres
1.09
County
Collin
City
Princeton
Subdivision
See Records

Property Description

Prime Commercial Real Estate Opportunity in Booming Princeton, Texas, right off the highly-trafficked US 380-E. Princeton Drive corridor in prestigious Collin County. The location is ideal for visibility along E. Princeton Dr.-US 380, with 2 parcels for consideration totaling approx. 265.34 linear feet of frontage and 1.090 acres. The two parcels are surrounded by major retailers and services, including Walmart Supercenter, CVS, Ace Hardware, USPS, FedEx, Sonic, Taco Bell, AutoZone, McDonald's, 7-Eleven, U-Haul, Princeton City Hall, and Princeton High School, just to name a few. TxDOT traffic count maps show VPD between 30,324 and 33,450. Two buildings are on the property: one at 2,112 SF and another at 3,520 SF, with ample graveled parking and easy access via Highway 5, Sam Rayburn Tollway (Hwy 121), I-75, and US 380 east to west. Future expansions-including the US 380 Bypass-will reroute heavy traffic, reduce congestion, and unlock even more development potential. This is a 2-parcel property sale. The asking price for the two parcels combined is $1,650,000. Terms are negotiable. Just 48 miles from DFW Airport, 43 miles to Dallas Love Field, 41 miles to downtown Dallas, and only 9.2 miles to McKinney National Airport (TKI). Buyer and or Buyer's Representative are responsible for all due diligence, including zoning-use, approvals, permits, inspections, infrastructure, utilities, fees, etc., from the City of Princeton, Collin County, TxDOT, and all other entities that have jurisdiction and authority over this property and area. All measurements, square feet, and time are approximate. Information is derived from sources deemed reliable but Astra Realty, LLC and Chris Jones do not warrant or guarantee any details herein.

Additional Information

Tenant Pays
AllUtilities
Lot Size
47,480
Lot Description
Few Trees
Flooring
Concrete, Other
Foundation
Other, Slab
Roof
Composition, Metal, Other
Building Stories
1
Parking Garage
Additional Parking, Paved, Gravel, Other
Proposed Use
Automotive, Other, Retail
Inclusions
Land & Improvements
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of Chris Jones from Astra Realty LLC. Contact: 214-744-3990

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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