241 S Preston Road, Prosper, TX

$4,500,000

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4.20

Acres

About 241 S Preston Road

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).

Features of 241 S Preston Road

MLS® # 21249611
Price $4,500,000
Bathrooms 0.00
Acres 4.20
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 241 S Preston Road
Subdivision Prosper Town Center Ph VI
City Prosper
County Collin
State TX
Zip Code 75078-8585

Amenities

Utilities City Sewer, City Water, Electricity Available, See Remarks
Is Waterfront No
Pool On Property No

Interior

Fireplace No

Exterior

Lot Features Acreage, Level

School Information

District Prosper ISD
Elementary Judy Rucker
Middle Reynolds
High Prosper

Additional Information

Zoning Commercial- Previously approved for medical

Listing Details

AgentAustin Wells
OfficeWells Asset Management
Contact Info972-458-2588

Listing Map

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