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Investment Highlights

  • 19,000+ Cars Per Day at the Intersection
  • Strong Unmet Demand: Limited Retail Options in the Immediate Area
  • 4,720 New Completed Homes & 1,350 New Homes Currently Under Construction, all Within a 2.7 Mile Radius
  • 4 out of 5 Acres Have Already Been Prepped with Fill Dirt

Executive Summary

County Land = Permitting Process Faster

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Hold For Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 5.00 AC
Zoning None (Unincorporated) - Commercial

1 Lot Available

Lot

Lot Size 5.00 AC

1-5 ac Platted Pad Sites Available

Description

5.1 acres of shovel-ready retail land available at 5251 FM 982 in Princeton, Texas. The site is fully platted with sewer and water at the property and offers rare no-zoning flexibility in unincorporated Collin County, allowing for a faster permitting process. Positioned along FM 982 with 10,000+ vehicles per day, the property sits within a rapidly growing residential corridor with over 6,000 homes completed or under construction within a 2.7-mile radius. Minimal nearby retail competition and strong surrounding population growth create a compelling opportunity for retail, service, or pad site development.

Property Taxes

Property Taxes

Parcel Number
R-6890-004-1580-1
Land Assessment
$367,185
Improvements Assessment
$110,537
Total Assessment
$368,745
  • Listing ID: 38411158

  • Date on Market: 11/11/2025

  • Last Updated:

  • Address: 5251 FM 982, Princeton, TX 75407

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