714 Fm 982Princeton, TX 75407

This exceptional 9.16-acre commercial land parcel presents a unique investment opportunity in Princeton, Texas, within Collin County. Located at 714 FM 982, the property boasts approximately 1270 feet of frontage on FM 982, offering significant visibility and accessibility. The land features a relatively flat topography, simplifying development plans. Existing improvements include a house and an outbuilding, providing potential for immediate use or redevelopment. Utilities are in place, including a 24-inch water line and a septic system. It's important to note that portions of this property lie within a designated floodplain, a factor that must be considered in any development plans. The property is zoned ETJ (Extraterritorial Jurisdiction), offering flexibility for various commercial uses, subject to Collin County regulations. The asking price for this strategically located commercial land is $2,990,000. This property's size, location, and existing infrastructure make it an attractive prospect for a wide range of commercial ventures. Detailed site plans and floodplain information are available upon request. Serious inquiries only.