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$4,500,000
5 Days On Site

241 S Preston Road
Prosper, TX 75078

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Prosper Town Center Ph VI
County:
Collin

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214-930-8350
241 S Preston Road
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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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Listing Snapshot
Price 
$4,500,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.204 Acres
Year Built 
N/A
MLS® Number 
21249611
Status 
Active
Property Tax 
$39,877
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
4.204
Additional Property Use 
Commercial
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity AvailableSee Remarks
Water Source 
Public
Zoning 
Commercial- Previously approved for medical
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Exterior Features
Lot Features 
Level
Road Frontage 
None
Community Features
Financing Terms Available 
1031 ExchangeCash
School District 
Prosper ISD
Schools
School District
Prosper ISD
Elementary School
Judy Rucker
Middle School
Reynolds
High School
Prosper
Listing courtesy of Austin Wells of Wells Asset Management austin@wellsasset.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-29 12:35 PM CDT

Neighborhood & Commute
Source: Walkscore
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