241 S Preston Road, Prosper, Texas, 75078

Listed by Wells Asset Management, Austin Wells, 214-802-6563
$4,500,000
4.20 Acres
#21249611
Rare shovel-ready 4.204-acre pad site in the heart of Prosper Town Center, positioned for immediate medical office or surgery center development. Approved plans in place for a ±30,000 SF two-story Medical Office Building (Phase 1) and ±15,000 SF Surgery Center (Phase 2), with full architectural elevations, civil engineering, and site work designed and permit-ready. Block A, Lot 2 of Prosper Town Center Phase VI (183,141 SF). Strategically located just east of N. Preston Road (TX-289) with 42,872 VPD, immediately adjacent to CVS Pharmacy, Tribute Senior Living (assisted living & memory care), and surrounding Class A professional office. Less than one mile from The Gates of Prosper (Walmart, Dick's, TJ Maxx, Ross, Burlington, DSW, Kohl's, HomeGoods) and within walking distance of Reynolds Middle School and Prosper High School. Located in one of the fastest-growing affluent submarkets in North Texas. Prosper population grew 50% from 2020-2024 to 42,598 residents, with a median household income of $198,632 and median home value of $886,000 — demographics that strongly support specialty medical, dental, surgical, and ancillary healthcare uses. All utilities, easements, and access in place per recorded ALTA survey. Zone X (outside 0.2% floodplain). Plans, survey, civil drawings, and full due diligence package available upon request and execution of CA. Sale Price: $4,500,000 ($24.60 PSF).

PROPERTY FEATURES

  • Utilities : City Sewer,City Water,Electricity Available,See Remarks
  • Easements : Utilities
  • Lot Features : Acreage,Level
  • Current Use : Commercial
  • Zoning Description : Commercial- Previously approved for medical
PROPERTY DETAILS
ID: 21249611
Status: Active
Price: $4,500,000
Acres: 4.20 Acres
Price Per Acre: $1,070,409
Type: Lot and Land
Address: 241 S Preston Road
City, State: Prosper, Texas
County: Collin
Zip Code: 75078
Lat/Long: 33.235571, -96.78716
Presented By: Austin Wells
Phone: 214-802-6563
Email: Click to Contact