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Investment Highlights

  • Princeton ranks within the top 5 fastest growing cities in the nation as of 2024.
  • Approximately 6,080sf building can be placed with 27 parking spots
  • Need for medical, professional and child related activities
  • The average household income in Princeton is $105,589 - worldpopulationreview.com
  • Enormous residential growth
  • Population has grown by 166% since 2020 with current population of 46,000+ according to worldpopulationreview.com

Executive Summary

Well-positioned land offering in Princeton’s C2 – General Commercial District, supporting a diverse range of permitted business uses beyond retail, medical, or office. The property benefits from strong visibility along U.S. Highway 380 with traffic counts exceeding 36,000 vehicles per day, delivering exceptional exposure to a growing customer base.
Princeton has experienced an impressive 103% population increase over the past decade, creating significant demand for commercial, medical, and professional services in the area. The surrounding landscape features established retail, dining, and office users, adding synergy and drawing consistent traffic to the location.
This land is exclusively offered for sale, with the added option for the owner to develop a turnkey facility on the site if desired. The property provides an excellent opportunity to establish a presence in a market with limited medical and professional buildings and capitalize on sustained regional growth.

Property Facts

Price $477,484 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.74 AC
Zoning C - Commercial

1 Lot Available

Lot 6

Price $477,484 CAD
Price Per AC $646,118.31 CAD
Lot Size 0.74 AC

Vacant Level Lot

Description

Excellent location located in C2 - General Commercial District of Princeton, Tx. which allows for a wide array of uses outside of just retail, medical or office. 36,000+ Vehicles daily along 380 Population growth of 166% since 2020. Lack of medical and professional buildings in the area. Lot is surrounded by retail, restaurant & office currently. Owner can build on property making it a turn key operation. *This listing is for land only*

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R-9620-00A-0060-1
Land Assessment
$356,737 CAD
Improvements Assessment
$0 CAD
Total Assessment
$356,737 CAD
  • Listing ID: 32044719

  • Date on Market: 2024-06-06

  • Last Updated:

  • Address: 0000 Princeton Dr, Princeton, TX 75407

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