Compass Dallas
Listed by Compass Dallas
$2,400,000
Princeton Downtown Development Portfolio
Details
Property Type Retail, Land
Sub Type Shopping Center, QSR/Fast Food
Square Footage 3,000
Tenancy Multi
Buildings 1
Acreage 1.790
Zoning C2 (Downtown Overlay)
Development Opportunity in one of the fastest growing Texas cities!
Marketing description
Princeton, TX is among the fastest-growing cities in the United States with population growth exceeding 166% since 2020. Projected growth to 80,000 residents supports strong retail and service demand.
Excellent development opportunity in the heart of rapidly growing PRO DEVELOPMENT Princeton. This portfolio consists of 5 lots totaling 1.79 acres with (1) 3,000sf commercial building along 380, (1) residential house on Brown St & (1) residential house on 2nd St. Total road frontage approximately 830' along 380, 2nd St, Brown St & McGee St. C2 Zoning allows for a wide array of uses and with the rare Downtown overlay district 2 story buildings are permitted giving additional value to the land.
Investment highlights
- Princeton ranks within the top 5 fastest growing cities in the nation as of 2024 and fastest growing city in Texas according to Realtor.com 2025.
- Population has grown by 166% since 2020 with current population of 46,000+ as of 2026 with anticipated growth to 80,000+ within next 10 years.
- 41,000+ Vehicles daily along 380
- The average household income in Princeton is $105,589 - worldpopulationreview.com
- Prime Downtown Assemblage
- Hwy 380 Visibility
- Strong Population Growth
- Zoned C2 with Downtown Highway Commercial overlay allowing for flexible commercial and mixed-use development including 2-story construction.
Listing Contacts
Compass Dallas
Listed by Compass Dallas
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