5799 N Custer Rd, Prosper, TX 75071

$4,925,000

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List Price
$4,925,000
MLS#
21230899
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Acres
5.66
County
Collin
City
Prosper
Subdivision
George Horn Surv Abs #412

Property Description

One of the most exceptional commercial opportunities in all of Collin County, this prime 5.657-acre tract is ideally positioned just steps from the highly trafficked hard corner of Custer Road and Frontier Parkway. Perfectly situated at the convergence of Prosper, Celina, and McKinney, the location offers unmatched visibility, accessibility, and long-term growth potential. The property lies directly across from the highly anticipated Custer Frontier Marketplace, a transformative 127-acre master-planned development anchored by a 118,000-square-foot Kroger Marketplace and complemented by an exciting mix of retail, dining, and medical users. The development will also feature approximately 300 new residential homes along with 11 acres dedicated to multifamily and mixed-use projects—making this one of the most significant developments in the area’s recent history. Zoned for a wide range of commercial uses, permitted applications include professional office condos, licensed child care center, house of worship, private or parochial school, pet day care, nursery, and farm and ranch feed store. No medical use permitted. This flexibility provides a strong foundation for a variety of investment or development strategies. Surrounded by some of the area’s most prestigious communities—including Mustang Lakes, Christie Farms, and Amberwood—this site benefits from a high-income, rapidly expanding population base. Additionally, a brand-new Prosper ISD elementary and middle school are currently under construction just moments from the property, further enhancing long-term demand. The property spans the full frontage between Rhea’s Mill Baptist Church and the adjacent self-storage facility, offering substantial presence and development potential. An outstanding opportunity for investors and developers to secure a premier commercial site in the path of explosive growth—prior to the next wave of value appreciation. Survey available upon execution of an accepted contract.

Additional Information

Unexempt Taxes
$14,752
Lot Size
246,418
Acres
5.66
Lot Description
Cleared, Irregular Lot, Level, Pond(s), Trees, Sloped, Waterfront
Building Stories
2
Possession
CloseOfEscrow
Inclusions
Land Only

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Calculator source: Real Geeks

Listing courtesy of JP Findley from Compass RE Texas, LLC. Contact: 214-418-0455