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Prairie Drive - 10.13+/- Acre Development Site | Prosper, TX 10.13 Acres of Commercial Land Offered at $12,935,318 CAD in Prosper, TX 75078
INVESTMENT HIGHLIGHTS
- Located less than a half mile west of the Dallas North Tollway, and also less than a half mile north of US Highway 380.
- Currently zoned within PD-71, the Site is designated as SF-10. The existing zoning allows for single family development.
- The Seller has received indications from the city previously that they would be open to rezoning the Site for commercial/retail uses.
- The Site has prime frontage along Prairie Drive, a newly constructed 4-lane divided roadway, connecting with the Dallas North Tollway.
- The Site’s location makes it a great opportunity for a rezone to commercial/retail.
- According to the US Census Bureau, Prosper has a population of approximately 45,598 as of 2024 and is growing at a rate of 8.67% annually.
EXECUTIVE SUMMARY
Vanguard Real Estate Advisors (“VREA”) is pleased to present the opportunity to acquire 10.13+/- acres consisting of two contiguous parcels along Prairie Drive in rapidly growing Prosper, Texas. Currently zoned under PD-71, the Site is approved for residential development; however, given its strategic location, the future land use plan, and direct frontage on Prairie Drive makes it a likely rezoning candidate for commercial/retail or higher density residential.
This Site is situated in the heart of Prosper's thriving commercial corridor, surrounded by national retailers, upscale residential communities, and expanding employment centers. The area’s exponential growth and affluent demographics makes this a highly desirable Site.
A 2% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. A third-party broker must identify their client upon initial contact with VREA.
This Site is situated in the heart of Prosper's thriving commercial corridor, surrounded by national retailers, upscale residential communities, and expanding employment centers. The area’s exponential growth and affluent demographics makes this a highly desirable Site.
A 2% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. A third-party broker must identify their client upon initial contact with VREA.
PROPERTY FACTS
| Price | $12,935,318 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 10.13 AC |
| Property Type | Land | ||
| Zoning | PD-71 (SF-10) - Planned Development | ||
| Price | $12,935,318 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 10.13 AC |
| Zoning | PD-71 (SF-10) - Planned Development |
1 LOT AVAILABLE
Lot
| Price | $12,935,318 CAD | Lot Size | 10.13 AC |
| Price Per AC | $1,276,931.70 CAD |
| Price | $12,935,318 CAD |
| Price Per AC | $1,276,931.70 CAD |
| Lot Size | 10.13 AC |
1 1
CONTACTS
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Jordan Cortez -
Mason John -
Will Droese -
Haley Birmingham -
Reid Pierce -
Alex Johnson -
Tim Marron -
Justin Tidwell -
Vanguard Real Estate Advisors
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Prairie Drive - 10.13+/- Acre Development Site | Prosper, TX
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