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5427 FM 546 27,108 SF Industrial Building Princeton, TX 75407 For Sale
INVESTMENT HIGHLIGHTS
- This property is connected to Culleoka’s water supply via an 8-inch line
- Permitted helipad with adjacent hangar / warehouse space
- Power delivered to the site is 220V 3-phase, with the main building having two 400 amp circuit breakers and one 225 amp circuit breaker
- Opportunity to develop additional warehouses on surrounding land to create an industrial park
- This collection of warehouses includes space for manufacturing, showroom and office
- Collection of three flex buildings in a yard secured by a cyclone and barbed wire fence
EXECUTIVE SUMMARY
Prime investment offering with a collection of three industrial buildings in Princeton, Texas. Site includes approximately 12.107 AC, multiple access points, secure perimeter fencing and a permitted helipad. Located near Lake Lavon, the property is situated approximately 8 miles from McKinney National Airport. The property is connected to Culleoka’s water supply via an 8-inch line and is not under Princeton's water moratorium (which is being lifted on December 1, 2025). Princeton has been named the fastest growing city in the United States by the U.S. Census Bureau.
The three industrial buildings have approximately 24,000 SF.
- Building 1: built in 1989 with 7,920 SF.
- Building 2: built in 2011 with 2 stories and 10,560 SF.
- Building 3: built in 1985 with 5,680 SF. Primarily storage with some foundation issues. Can be pumped up.
Approximately 20% of the property at the rear is in a flood zone which has not flooded in 40 years.
There is a house located on the property beyond the industrial area that is dilapidated and could be repaired or removed by a new owner. 1975 residence has 2,948 SF.
The three industrial buildings have approximately 24,000 SF.
- Building 1: built in 1989 with 7,920 SF.
- Building 2: built in 2011 with 2 stories and 10,560 SF.
- Building 3: built in 1985 with 5,680 SF. Primarily storage with some foundation issues. Can be pumped up.
Approximately 20% of the property at the rear is in a flood zone which has not flooded in 40 years.
There is a house located on the property beyond the industrial area that is dilapidated and could be repaired or removed by a new owner. 1975 residence has 2,948 SF.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UTILITIES
- Gas - Propane
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CONTACTS
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Scott Bumpas -
Ellen Haynes -
Reese Davis -
Briggs Freeman Sotheby's International Realty
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5427 FM 546
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