2891 Princeton Tx 75407Princeton, TX 75407

Property Details for 2891 Princeton Tx 75407

Lot size

5.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Princeton

County

Collin

State

Texas

Latitude

33.1942

Longitude

-96.4637

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