US-380 & Cypress Bnd PkwyPrinceton, TX 75407

For Sale
Call for price

2.16 Acres, US-380 & Cypress Bend

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.16-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Princeton, Texas. Strategically located on the southeast corner of US-380 and Cypress Bend Parkway, this site enjoys unparalleled visibility and accessibility. The property's prime location is directly adjacent to a newly constructed Freddy's Steak Burgers, ensuring high traffic and brand recognition. Across US-380, a significant Market Street development and a planned power center are underway, featuring commitments from several national retailers. This proximity to established and developing retail anchors promises strong synergy and increased customer traffic for future businesses on the site. Princeton's impressive growth trajectory further enhances the property's value. Since 2012, the city has experienced a substantial 416% surge in new home starts and a 65% increase in median home prices, indicating a robust and expanding residential market. Projected population growth to nearly 80,000 residents by 2050 underscores the long-term potential of this investment. This site offers developers and investors a unique chance to capitalize on Princeton's booming economy and prime commercial real estate market. The property is situated in Collin County, Texas, and has a Princeton, TX 75407 mailing address.

Highlights

  • High-visibility corner lot at US-380 and Cypress Bend Parkway, adjacent to a new Freddy's Steak Burgers.
  • Across US-380 from a Market Street development and a planned power center anchored by national retailers.
  • Princeton, TX has experienced significant growth since 2012, including a 416% increase in new home starts and a 65% increase in median home prices; population projected to reach nearly 80,000 by 2050.

Property Details for US-380 & Cypress Bnd Pkwy

Property type
Other land, Land
Lot Size (sq. ft)
94,090 SF

Location Insight

City
Princeton
County
Collin
State
Texas
Latitude
33.178610241376
Longitude
-96.521652424999
US-380 & Cypress Bnd Pkwy, Princeton, Texas

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US-380 & Cypress Bnd Pkwy
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