2891 Princeton Tx 75407Princeton, TX 75407

For Sale
$895,000

5-Acre Texas Storage Facility

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5-acre commercial property in Princeton, Texas, presents a lucrative investment opportunity. Located at 2891 FM 1377, Princeton, TX 75407, in rapidly growing Collin County, this site is currently operating as an outdoor RV and boat storage facility. Significant improvements have already been made, including the installation of 96 truckloads of gravel, comprehensive lighting and security cameras, a gated entrance with motor, and all necessary utilities (electricity and water). Complete operational plans and studies are available to the buyer. The property's location outside city limits offers flexibility for future development or continued operation as a storage facility. The high demand for storage in Princeton, one of the fastest-growing cities in the US, with over 25,000 single-family units completed or planned, ensures strong potential for return on investment. This turnkey operation offers immediate income potential or the possibility of repurposing the land for alternative commercial uses. The asking price is $895,000. This property benefits from its proximity to major North Texas developments, including Texoma Technology Park, Denison North Texas Logistics Park, Gateway Village, Bel Air Village, The Village Planned Development, Shepherd's Place, and Heritage Ranch, further enhancing its long-term value and potential.

Highlights

  • Texoma Technology Park: 153-acre development site (135 acres developable) at US Hwy 75 and Grayson County Tollway, offering scenic lake views and high visibility.
  • Denison North Texas Logistics Park: ~160 developable acres near North Texas Regional Airport, Texas Instruments, and Globetech; less than 15 miles from the airport and 79 miles from DFW Airport; access to 4,000 acre-feet of raw water annually.
  • Gateway Village: Master-planned healthy lifestyle community at TX Hwy 75 and FM 691, near Texoma Medical Center, Grayson College, and North Texas Regional Airport.
  • Bel Air Village: 280-acre master-planned community in Sherman, TX, offering amenities such as an event lawn, workout space, and dog park; convenient US 75 access.
  • The Village Planned Development: 624-acre mixed-use community in Sherman, TX, with approximately 20% dedicated to parks and open space.
  • Shepherd’s Place: Master-planned community with 941 single-family lots, multi-family, commercial, and senior-living tracts; planned amenities, stores, and restaurants.

Property Details for 2891 Princeton Tx 75407

Property type
Other land, Self storage facilities
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Princeton
County
Collin
State
Texas
Latitude
33.194197492992
Longitude
-96.463686458681
2891 Princeton Tx 75407, Princeton, Texas

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2891 Princeton Tx 75407
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