$9,250,000
23.34± Acres
Active
Collin County, TX

1300 N Beauchamp Boulevard, Princeton, Texas

MLS ID: 20619978
Status: Active
Price: $9,250,000
Acres: 23.34±
Type: Unimproved, Land
Address: 1300 N Beauchamp Boulevard
City, State: Princeton, TX
County: Collin County
ZIP Code: 75407
Parcel Number: 2879373

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 23.34 acre entitled shovel ready multifamily development Site located at 1300 North Beauchamp Blvd in Princeton, TX (the “Site”). The Site currently has plans in place for a 378 unit, 3-story, garden-style build out. The Seller will convey existing architectural plans, engineering plans, and select third party reports at closing. The Site has frontage along North Beauchamp Boulevard and Longneck Road, it is also one mile north of US 380 which is the major east-west thoroughfare of the city. This well-located Site is a great opportunity to acquire a shovel ready development parcel at an attractive price of only $24,470 per developable unit.

A 1% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity.

Directions: Drive south on N Beauchamp Boulevard past Southard Middle School and the site will be on your left.

Additional Information

Exterior

Lot Features: Acreage
Lot Size Area: 23
Lot Size Square Feet: 1,016,647
Water Source: Public

Financial/HOA/Schools

Elementary School: Leta Horn Smith
Elementary School District: Princeton ISD
Middle School: Southard
Middle School District: Princeton ISD
High School: Princeton
High School District: Princeton ISD
Subdivision Name: Beauchamp Boulevard
Zoning Description: The Site is zoned through PD-29 allowing for 378 multifamily units.
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of June 15, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 15, 2024 at 12:00:00 AM UTC

Listed By: Jordan Cortez of Vanguard Real Estsate Advisors