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$9,250,000
Est. payment /mo
23.34 Acres Lot
UPDATED:
11/12/2024 06:02 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Beauchamp Boulevard
MLS Listing ID 20619978
HOA Y/N None
Lot Size 23.339 Acres
Acres 23.339
Property Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 23.34 acre entitled shovel ready multifamily development Site located at 1300 North Beauchamp Blvd in Princeton, TX (the “Site”). The Site currently has plans in place for a 378 unit, 3-story, garden-style build out. The Seller will convey existing architectural plans, engineering plans, and select third party reports at closing. The Site has frontage along North Beauchamp Boulevard and Longneck Road, it is also one mile north of US 380 which is the major east-west thoroughfare of the city. This well-located Site is a great opportunity to acquire a shovel ready development parcel at an attractive price of only $24,470 per developable unit.
Location
State TX
County Collin
Zoning The Site is zoned through PD-29 allowing for 378 multifamily units.
Direction Drive south on N Beauchamp Boulevard past Southard Middle School and the site will be on your left.
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Leta Horn Smith
Middle Schools Southard
High Schools Princeton
School District Princeton Isd
Others
Restrictions None
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors
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