300 Cole, Princeton, Texas

$4,350,000
Active
300 Cole, Princeton, Texas
300 Cole, Princeton, Texas
300 Cole, Princeton, Texas
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Property Details

MLS ID: 21061071
Status: Active
Price: $4,350,000
Acres: 13.78±
Type: Unimproved, Land
Address: 300 Cole
City, State: Princeton, TX
County: Collin County
ZIP Code: 75407
Parcel Number: 1810311

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer the opportunity to purchase a 13.775+- acre zoned build-to-rent development Site along Cole Street and East Hazelwood Street (County Road 456) in Princeton, TX (“the Site”). Currently in-place is a preliminary plat for 142 cottage style units. However, the Site can potentially accommodate up to 156 units per the base zoning.

The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well-located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.

Directions: Access via Cole Street

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Jordan Cortez of Vanguard Real Estsate Advisors