Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
12.14 acres
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Wooded, Few Trees, Interior Lot, Pasture
-
Lot Size(acres)
12.14
-
Lot Size(square feet)
528,818
-
Property Type
Land
Price
-
Sales Price
$5,100,000
-
Zoning
PD37
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Lacy
-
Middle School
Southard
-
High School
Lovelady
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Collin
Elementary School
Lacy
Middle School
Southard
High School
Lovelady
Listing Courtesy of Susan Zachary, eXp Realty LLC
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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