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- LoopNet Team
3195 FM 982
Princeton, TX 75407
982 Food Truck Park - 100% Stabilized · Specialty Property For Sale
·
38,956 SF
INVESTMENT HIGHLIGHTS
- Prime Location
- High-Traffic Volume
PROPERTY FACTS
| Property Type | Specialty | Building Size | 38,956 SF |
| Property Subtype | Trailer/Camper Park | No. Stories | 1 |
| Building Class | C | Year Built | 2022 |
| Lot Size | 0.89 AC | ||
| Zoning | Unzoned - Outside of city limits, outside of ETJ | ||
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 38,956 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | Unzoned - Outside of city limits, outside of ETJ |
ABOUT 3195 FM 982 , PRINCETON, TX 75407
Located at 3195 FM 982 in Princeton, TX, this property outside of city limits presents a unique investment opportunity as a food truck yard. Its prime location, high-traffic volume, and flexible zoning allow for income generation and future development potential. The property boasts 13 fully serviced food truck spaces, each generating reliable monthly gross rent of $550. With close proximity to Lavon Lake, investors have the opportunity to explore additional development options. Restaurant owners can benefit from cost relief and increased consumer traffic, while developers can take advantage of the strategic location for lake-oriented development. With attractive CAP rates, this property offers a strong potential for return on investment. Furthermore, the property's location outside of city limits provides the potential to serve alcohol, expanding revenue opportunities.
PROPERTY TAXES
| Parcel Number | R-1032-001-002A-1 | Improvements Assessment | $0 |
| Land Assessment | $321,385 | Total Assessment | $321,385 |
PROPERTY TAXES
