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4345 Preston Road Rd - Preston Road Pad site

1.07 Acres of Commercial Land Offered at £1,538,550 in Prosper, TX 75078

Investment Highlights

  • Preston Road Pad site for sale

Executive Summary

Preston Road pad site for sale. Shovel ready pad site. Adjacent to new Whataburger and Brakes Plus. Lot 2, Block A - 46,505/sf (1.068 acres in size).Fully developed, shovel ready pad site. Access, Fire Lanes all in place currently. Turn lane in place. Detention pond in place.
Master planned Light Farms Community with over 3,000 multi and residential units directly adjacent to this site. Preston road traffic counts of 31,000 vehicles per day on average in front of this site. Directly adjacent to two newly developed multifamily projects with 500+ units and 3,000 single family lots. Extremely affluent area. 1 mile radius average household incomes = $200,000+.
Existing and future retail: Starbucks, 7 Eleven, Tropical Smoothie, Zips Car wash, Lowes and Future Costco. Explosive growth - 300% population growth within 5 miles radius since 2010.
Celina, TX has a current population of over 30,000 people. The City of Celina's population has nearly tripled since 2010. This quick rate of growth makes Celina the fastest-growing city in North Texas.
Ideally situated in high-growth Collin County and nestled between the major arteries of Preston Road to the east and the future Dallas North Tollway to the west
Celina’s maximum projected buildout population is approximately 378,000.
Collin Country is one of the fastest growing counties in Texas and the U.S. The county is the 6th most populus county in TX and among cities with more than half-million people, it’s had the highest sustained growth rate since the last Census report. Collin County had a 94-percent occupancy rate for the 320,000-plus housing units.Located on the NWC of Preston Road & Frontier Parkway with a Combined 40,000 Vehicles Per Day. Adjacent to Prosper High School – a 6A High School with Over 3,875 Students Enrolled

Property Facts

Price £1,538,550
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Fast Food
  • Medical
  • Restaurant
  • Strip Centre
Total Lot Size 1.07 AC

1 Lot Available

Lot 2

Price £1,538,550
Price Per AC £1,437,897
Lot Size 1.07 AC

Preston Road Pad site for sale. Located next to the new Whataburger in Celina.

zoning

Zoning Code retail (retail zoning permits for a wide array of retail uses, medical, office, restaurant, fast food, etc.)
retail (retail zoning permits for a wide array of retail uses, medical, office, restaurant, fast food, etc.)
  • Listing ID: 32203907

  • Date on Market: 20/06/2024

  • Last Updated:

  • Address: 4345 Preston Road Rd, Prosper, TX 75078

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