5427 Fm 546Princeton, TX 75407

Property Details for 5427 Fm 546

Year built

1985

Construction

WOOD FRAME

Lot size

13.00 AC

Property size (Sq ft)

25,912 SF

Property type

Commercial real estate

APN

R-6892-004-1170-1

APU

R689200411701

Description

This exceptional 27,108-square-foot industrial property in Princeton, Texas, presents a unique investment opportunity. Comprising three flex buildings situated on a 13-acre lot, this complex offers versatile space ideal for manufacturing, warehousing, and showroom operations. The property boasts multiple entry/exit points, enhancing operational efficiency. Each building features its own 1,000-gallon above-ground propane tank, and recently updated HVAC systems ensure optimal climate control. Power is supplied via 220V 3-phase electricity, with the main building equipped with two 400-amp and one 225-amp circuit breaker panels. The site is secured by a cyclone and barbed wire fence, and includes a permitted helipad with adjacent hangar/warehouse space. Located in a rapidly growing industrial submarket near Lake Lavon, this property offers significant potential for expansion. The proximity to McKinney National Airport (approximately 8 miles) provides convenient access to air transportation. The substantial lot size also presents the opportunity to develop additional warehouse space, creating a thriving industrial park. This property is currently vacant, offering immediate occupancy for the new owner. The asking price is $4,900,000, translating to $180.76 per square foot. Ceiling heights range from 9.5' to 14'.

• Alternative Use

  Use

  Valuation

  Residential

  $6,531,760

  Hospitality

  $5,983,058

  Educational

  $4,977,834

  Medical

  $5,149,029

  Retail

  $7,743,296

Location Insight

City

Princeton

County

Collin

State

Texas

Latitude

33.1245

Longitude

-96.5215

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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