409 E Princeton DrivePrinceton, TX 75407

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.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1985

Stories

1

Building area

5,732 Sq Ft

Lot size

1.09 acres

Days on market

205

MLS^® Listing#

21208119

Property Features

Cooling

None

Heating

None

Flooring

Concrete · Other

Parking

Additional Parking · Concrete · Gravel · Other

Lot features

Few Trees

Construction

Other

Foundation

Slab · Other

Roof

Composition · Metal · Other

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Parcel number

1203138

Directions

Property address is 409 E. Princeton Drive, Princeton, TX 75407 (and TBD E. Princeton Drive, Princeton, TX 75407 - 2-parcel property). From I-75, exit US 380. On US 380, drive east toward the city of Princeton. Once in Princeton, drive to 409 E. Princeton Drive. Use GPS for accurate directions.