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US Highway 380 & Boorman Lane
Princeton, TX 75407
Princeton Crossroads · Land For Sale · 88.00 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Apartment Units - Senior
  • Community Center
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Hotel
  • Medical
  • Neighborhood Center
  • Office Park
  • Restaurant
  • Self Storage
  • Service Station
  • Strip Center
  • Supermarket
Total Lot Size 88.00 AC
Zoning PD

DESCRIPTION

Princeton Crossroads represents the newest and only proposed mixed-use development in the Princeton market area. This proposed 297-acre project will have both water and sewer utilities extended throughout the property through a PID (Public Improvement District) with construction estimated to be completed by summer of 2018. A PPD (Proposed Planned Development) is also undergoing final approvals with the City of Princeton for overall property zoning and building densities. Princeton Crossroads is being offered for sale from 1-acre retail pad sites and up. The property offers developers and retail tenants the opportunity to fill an extensive void of retail goods and commercial services to supply the growing trade area demand. Proposed Land Uses: Single Family Residential, Townhouses, Civic, Senior Living, Hospital/MOB, Pad Sites, Retail, Multifamily, Commercial/Office/Flex/Self-Storage and Hotel. TOTAL RETAIL SALES REVENUE GAP (ANNUAL): $72,845,621 Please contact brokers for additional information and full Offering Memorandum. Princeton Crossroads is strategically located on both the north and south sides of U.S. Highway 380 and Boorman Lane, adjacent to Princeton High School. With over 1.5-miles of highway frontage, the property offers exceptional visibility with over 20,000 vehicles per day and counting. The property is located 1.30 miles east of the new Walmart on U.S. Highway 380 at Beauchamp Boulevard.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R-12166-00I-0860-1
  • R-12166-00I-0870-1
Land Assessment
$2,000
Improvements Assessment
$0
Total Assessment
$2,000
  • Listing ID: 9374388

  • Date on Market: 9/29/2017

  • Last Updated:

  • Address: US Highway 380 & Boorman Lane, Princeton, TX 75407

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