Log In/Sign Up
Your email has been sent.
East Broadway Street - 5.45+/- Acre Office & Retail Development Site 5.45 Acres of Commercial Land Offered at $5,221,886 in Prosper, TX 75078
INVESTMENT HIGHLIGHTS
- Located along heavily trafficked Broadway Street and less than 200 feet west of Preston Road (State Highway 289).
- The Site is zoned through PD-118, allowing office and retail uses with a maximum building height of 24 feet.
- Only the eastern-most building can be utilized for retail uses with the remainder being used for office.
- Only 1.5 miles north of US-380 and 1.5 miles east of Dallas Parkway.
- Per the PD, the Site is to be developed in general accordance with the concept plan shown in the PD.
- According to the US Census Bureau, Prosper had a population of approximately 45,598 as of 2024 and is growing at a rate of 8.67% annually.
EXECUTIVE SUMMARY
Vanguard Real Estate Advisors (“VREA”) is pleased to present investors and developers the opportunity to acquire 5.45+/- acres located along East Broadway Street in the rapidly growing City of Prosper, TX (the “Site”). The Site is positioned along East Broadway Street, and approximately 200 feet west of Preston Road, one of the towns major thoroughfares and commercial corridors. Through PD-118, the Site is zoned for both office and retail uses. Easy access to US-380 and the Dallas North Tollway further enhances regional connectivity, making the Site well-suited for a wide range of commercial uses. This Site is being offered at an attractive price of $22 per square foot for the whole property and $25 per square foot if a purchaser would like to buy a 1-2+/- acre pad site out of the overall offering.
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
PROPERTY FACTS
| Price | $5,221,886 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.45 AC |
| Property Type | Land | ||
| Zoning | PD-118 - Zoned for retail and office. | ||
| Price | $5,221,886 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.45 AC |
| Zoning | PD-118 - Zoned for retail and office. |
1 LOT AVAILABLE
Lot
| Price | $5,221,886 | Lot Size | 5.45 AC |
| Price Per AC | $958,144.22 |
| Price | $5,221,886 |
| Price Per AC | $958,144.22 |
| Lot Size | 5.45 AC |
1 1
PROPERTY TAXES
| Parcel Number | R-6147-007-0060-1 | Improvements Assessment | $0 |
| Land Assessment | $2,196,208 | Total Assessment | $2,196,208 |
PROPERTY TAXES
Parcel Number
R-6147-007-0060-1
Land Assessment
$2,196,208
Improvements Assessment
$0
Total Assessment
$2,196,208
CONTACTS
-
Jordan Cortez -
Mason John -
Will Droese -
Reid Pierce -
Haley Birmingham -
Tim Marron -
Alex Johnson -
Justin Tidwell -
Vanguard Real Estate Advisors
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
East Broadway Street - 5.45+/- Acre Office & Retail Development Site
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.