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241 S Preston Road

Prosper, TX 75078
  • $4,500,000
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 21249611
UPDATED: 29 min ago
$4,500,000
  • 0
    BEDS
  • 4.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Austin Wells of Wells Asset Management: 972-458-2588.

Description

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).

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-21T23:43:04.14.
www.rhodesteamtexas.com/homes/175757498
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241 S Preston Road Prosper, TX 75078

  • Price: $4,500,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 29 min ago
  • MLS #: 21249611
0
Beds
0
Baths
0
½ Baths
4.2
Acres
Neighborhood:
Prosper Town Center Ph VI
County:
Collin
Area:
Prosper
Elementary School:
Judy Rucker
High School:
Prosper
School District:
Prosper ISD
Property Description
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).
Exterior Features

Lot Description AcreageLevel Road Frontage Type None Waterfront YN No

Property Features

AGExemption No Current Use Commercial Development Zoned Easements Utilities HOA None Lake Pump No Listing Terms 1031 ExchangeCash Municipal Utility District No Possession Closing/Funding Property Type Unimproved Land Restrictions Development Unexempt Taxes 39877 Utilities City SewerCity WaterElectricity AvailableSee Remarks Will Subdivide Yes Zoning Commercial- Previously approved for medical

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-21T23:43:04.14.
 
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Berkshire Hathaway HomeServices PenFed Realty Texas
3624 Long Prairie Road, Suite 100
Flower Mound TX, 75022
Offered by Austin Wells of Wells Asset Management: 972-458-2588.