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About This Home
This land at 241 S Preston Road in Prosper, TX is listed for $4,500,000 (4.20 acres).
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).
Key Features
- 4.20 acre lot
Location
241 S Preston Road
Prosper, TX 75078
Prosper Town Center Ph VI
Questions & Answers
This 0-bedroom, 0-bathroom land at 241 S Preston Road is listed at $4,500,000. The estimated monthly payment is $19,500 based on 20% down at 6.5% interest.
Key features include: 4.20 acre lot.
This property is listed by Austin Wells and can be reached at 9724582588 or austin@wellsasset.com.
