5551 Fm 982, Princeton, TX 75407

$2,495,000

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List Price
$2,495,000
MLS#
21271034
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1965
Acres
3.04
County
Collin
City
Princeton
Subdivision
SD Terry Surv Abs #890

Property Description

Tremendous development opportunity or 1031 candidate. This 3 acre hard corner is right in the middle of the growth in the area. Ideal location for a retail development. This area is in great need of retail from coffee shops to clothing. 3 acres is the right size for a shopping center. However, there are no known restrictions on the property, so it could be developed into anything as it is in the county. If you need sewer, then you would need to annex into the city. Sewer is all around this property. The old structures on the property have been removed, so now it's just land. Seller financing is available.

Additional Information

Unexempt Taxes
$12,046
Lot Size
132,422
Acres
3.04
Lot Description
Corner Lot
School District
Princeton Isd
Elementary School
James
Middle School
Mattei
High School
Lovelady
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of David Gloria from Ebby Halliday, Realtors. Contact: 214-509-0808