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 Details
- Lot Features
- Acreage, Level
- Lot Description
- Acreage, Level
- Acres
- 0.0
- Lot Size (sqft)
- 4.204
- Property Type
- Purchase
- Property Subtype Additional
- Unimproved Land
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Sewer Available, See Remarks, Water Available
- Subdivision
- Prosper Town Center Ph VI
- School District
- Prosper ISD
- Elementary School
- Judy Rucker
- Middle School
- Reynolds
- High School
- Prosper
- County
- Collin
- Region
- Prosper
- Days on Market (Cumulative)
- 142
- Taxes Annual
- $39,877
- MLS #
- 21249611
- Property Subtype
- UnimprovedLand
- Parcel Number
- R1154300A00201
- MLS #
- 21249611
- Address
- 241 S Preston Road
Location
Legal
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Provided By
Listed by Austin Wells (#0823411)
Listing Office: Wells Asset Management (#WELL01)
