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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 5,100,000

Est. payment | -/mo

12.14 Acres Lot

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$ 5,100,000

Est. payment | -/mo

Save Virtual Tour

12.14 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision A0166

MLS Listing ID 21336767

HOA Y/N No

Lot Size 12.140 Acres

Acres 12.14

Property Sub-Type Improved Land

Property 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.

Location

State TX

County Collin

Community Curbs

Zoning PD37

Direction GPS Address

Rooms

Other Rooms Second Residence, Residence, Shed(s), Storage, Workshop, Barn(s)

Interior

Fireplace No

Exterior

Fence Cross Fenced, Fenced

Community Features Curbs

Utilities Available Electricity Available, Electricity Connected, Propane, Overhead Utilities, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Present Use Development,Other,See Remarks,Vacant

Street Surface Concrete,Asphalt,Gravel

Road Frontage City Street, Easement

Private Pool No

Building

Lot Description Acreage, Interior Lot, Pasture, Pond on Lot, Few Trees, City Lot

Sewer Public Sewer

Water Public

Additional Building Second Residence, Residence, Shed(s), Storage, Workshop, Barn(s)

Schools

Elementary Schools Lacy

Middle Schools Southard

High Schools Lovelady, Princeton

School District Princeton Isd

Others

Senior Community No

Tax ID 2977720

Acceptable Financing Cash, Conventional, Owner Will Carry, VA Loan

Listing Terms Cash, Conventional, Owner Will Carry, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21336767

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

111 E Monte Carlo BLVD Princeton, TX 75407

GP Theriot IV

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

111 E Monte Carlo BLVD