27710 University DrLittle Elm, TX 75068

For Sale
Call for price

4.01 Acres, Hotel & Retail Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4.01-acre commercial land parcel in Prosper, Texas, presents a unique investment opportunity. Zoned for hotel development, it also offers potential for a retail strip, perfectly positioned to capitalize on the significant traffic generated by a nearby Costco, one of the nation's highest-volume retailers. The site is strategically located within a thriving community, surrounded by affluent neighborhoods experiencing rapid growth. Adding to its appeal, the property is situated near a substantial multi-family residential development (250 units planned), Cook Children's North Campus (101 beds), and St. Martin de Porres Catholic Church (1,400-1,500 Sunday Mass attendees). Its proximity to a major mixed-use development (600 acres, anchored by the PGA of America Headquarters and an 800-key Omni Hotel, less than 4 miles away) further enhances its desirability and potential for high returns. The address is 27710 E University Dr, Prosper, TX 75068. This prime location offers unparalleled access to a robust and expanding market, making it an ideal site for a hotel and complementary retail development. Detailed information and pricing are available upon request.

Property Details for 27710 University Dr

Property type
Other land, Land
Lot Size (sq. ft)
174,676 SF

Location Insight

City
Little Elm
County
Denton
State
Texas
Latitude
33.2186439
Longitude
-96.8935817
27710 University Dr, Little Elm, Texas

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27710 University Dr
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