111 E Monte Carlo Boulevard,Princeton, TX 75407
Princeton, TX 75407
Description
Positioned in one of the fastest-growing cities in the United States, this exceptional 12.14± acre tract at 111 E. Monte Carlo Blvd presents a compelling development and investment opportunity in Princeton. Located approximately one mile north of U.S. 380 and near the planned U.S. 380 Bypass, the property offers strong visibility, convenient access, and extensive frontage, including approximately 418+ feet along E. Monte Carlo Blvd and an additional 279+ feet along Longneck Rd. Recent retail development directly across street includes The Shops of Monticello, McDonalds, Murphys; Townhomes of Monticello, & Arka Montessori School of Princeton. The surrounding traffic volume further enhances the site's commercial potential, providing valuable exposure for businesses & future developments seeking a prominent location within the rapidly expanding U.S. 380 growth corridor. Princeton's and Collin County's population has increased significantly in recent years. This continued expansion reflects one of the strongest growth markets in Texas and across the nation. Strong household incomes, an expanding workforce, highly regarded Princeton ISD schools, and ongoing residential, retail, and commercial development continue to support demand throughout the area. With its size, frontage, visibility, and strategic location, the property is well positioned for a wide range of potential uses, including commercial or retail development, restaurants, child care, automotive services, self-storage, mixed-use projects, office or medical space, senior housing, build-to-rent communities, residential development, service-based businesses, or long-term investment, subject to applicable approvals and buyer due diligence. Conveniently located near Downtown Princeton & within easy reach of McKinney, Anna, Melissa, Farmersville, Allen, Frisco, Plano, & the greater DFW Metroplex, this rare offering provides exceptional access to one of North Texas' most dynamic and rapidly expanding markets.
Details
| MLS # | 21336767 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 96 |
| Listing Provided By | eXp Realty LLC | Susan Zachary |
Features
| Zoning | PD37 |
|---|---|
| Acreage | 12.14 |
Exterior
| Lot Features | Acreage, Few Trees, Interior Lot, Pasture, Tank/ Pond |
|---|
Utilities
| Utilities | Asphalt, City Sewer, City Water, Concrete, Curbs, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Propane |
|---|
Taxes
| Tax Legal Description | ABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT 8 |
|---|
Area Information
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | A0166 |
| School District | Princeton ISD |
| Elementary School | Lacy |
| High School | Lovelady |
| Listing VS Median (in A0166) | |
Price: $5,100,000 low | high Med: $379,900 On site: 96 low | high Med: 97 | |
Market Activity 75407
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Learn More About This Property
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | A0166 |
| School District | Princeton ISD |
| Elementary School | Lacy |
| High School | Lovelady |
| Listing VS Median (in A0166) | |
Price: $5,100,000 low | high Med: $379,900 On site: 96 low | high Med: 97 | |