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959 N Coleman St
Prosper, TX 75078
Land For Sale
·
3.15 AC
Investment Highlights
- City-zoned retail site located in downtown Prosper.
- Positioned within Prosper's Downtown Revitalization Program area.
- Flexible land offering suitable for future commercial development.
- Utilities including water and sewer are available.
- Located in Collin County's expanding North Texas growth corridor.
Executive Summary
This 3.153-acre commercial land offering presents an opportunity to acquire a city-zoned retail site within downtown Prosper, one of the fastest-growing communities in Collin County. Positioned within the town's downtown area and aligned with Prosper's ongoing Downtown Revitalization Program, the property offers potential for retail-oriented development in a location benefiting from continued municipal investment and expanding residential growth.
The site is currently designated for retail use and is served by available water and sewer utilities, supporting future development planning. Its location within Prosper places it within the broader North Texas growth corridor, with convenient regional connectivity to major employment centers throughout Collin County and the Dallas-Fort Worth metro area. The property's downtown setting offers proximity to established neighborhoods, community services, and local businesses that contribute to daily consumer activity.
Investors and developers may find value in the combination of retail zoning, utility availability, and positioning within a municipality that continues to experience residential and commercial expansion. The property's size provides flexibility for a range of commercial concepts subject to municipal approvals and development requirements. With limited land availability in established downtown districts, the site offers an opportunity to participate in the continued evolution of Prosper's commercial core while benefiting from the area's long-term growth trajectory.
The site is currently designated for retail use and is served by available water and sewer utilities, supporting future development planning. Its location within Prosper places it within the broader North Texas growth corridor, with convenient regional connectivity to major employment centers throughout Collin County and the Dallas-Fort Worth metro area. The property's downtown setting offers proximity to established neighborhoods, community services, and local businesses that contribute to daily consumer activity.
Investors and developers may find value in the combination of retail zoning, utility availability, and positioning within a municipality that continues to experience residential and commercial expansion. The property's size provides flexibility for a range of commercial concepts subject to municipal approvals and development requirements. With limited land availability in established downtown districts, the site offers an opportunity to participate in the continued evolution of Prosper's commercial core while benefiting from the area's long-term growth trajectory.
Property Facts
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 3.15 AC |
| Price Per AC | $571,428.57 |
| Price | $1,800,000 |
| Price Per AC | $571,428.57 |
| Lot Size | 3.15 AC |
3.153-acre retail-zoned development site in downtown Prosper, TX. Utilities available. Located within the city's Downtown Revitalization Program area and positioned for future commercial development.
Property Taxes
| Parcel Number | R-11992-00A-0010-1 | Improvements Assessment | $33,615 |
| Land Assessment | $961,413 | Total Assessment | $995,028 |
Property Taxes
Parcel Number
R-11992-00A-0010-1
Land Assessment
$961,413
Improvements Assessment
$33,615
Total Assessment
$995,028
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