Land For Sale
241 S Preston Road, Prosper, Texas 75078
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 Type:
- Land
- Listing Type:
- For Sale
- Listing ID:
- 21249611
- Price:
- $4,500,000
- Lot Area:
- 4.20 Acre
- Status:
- Active
- Office Name:
- Wells Asset Management
- Agent Name:
- Austin Wells
- Listing Status:
- 2
- Property Sub Type:
- Unimproved Land
- Show Address:
- 1
- Sewer:
- Public Sewer
- Utilities:
- Electricity Available, Sewer Available, Water Available, See Remarks
- Country:
- US
- State:
- TX
- County:
- Collin
- City:
- Prosper
- Zipcode:
- 75078
- Street:
- Preston
- Street Number:
- 241
- Street Suffix:
- Road
- Longitude:
- W97° 12' 46.2''
- Latitude:
- N33° 14' 8.1''
- Directions:
- From Dallas North Tollway, exit US-380 and head west to Preston Rd (TX-289). Go north on Preston Rd approximately 2.5 miles to E. First Street in Prosper. Turn east on First Street, then south into the Prosper Town Center development. Site is the 4.2-acre interior pad located east of CVS Pharmacy
- Street Dir Prefix:
- S
- Elementary School:
- Judy Rucker
- Elementary School District:
- Prosper ISD
- High School:
- Prosper
- High School District:
- Prosper ISD
- Middle School:
- Reynolds
- Lot Features:
- Acreage, Level
- Current Use:
- Commercial
- Tax Annual Amount:
- 39877.0
- List Agent Mls Id:
- 0823411
- List Office Mls Id:
- WELL01
- Listing Term:
- Cash, 1031 Exchange
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-20T17:06:18Z
- Originating System Name:
- NTR
- Special Listing Conditions:
- Standard
- Status Change Timestamp:
- 2026-04-24T09:54:20Z
