COLLIN COUNTY PRINCETON CROSSROADS

PRINCETON CROSSROADS

PRINCETON, TX

COLLIN COUNTY

PRINCETON CROSSROADS

RANGE REALTY ADVISORS 3625 N. HALL STREET, SUITE 630

DALLAS, TX 75219 214-416-8222

PRINCETON CROSSROADS

PRINCETON

LOCATION

CROSSROADS

US Highway 380 at Boorman Lane Princeton, TX 75407

Princeton Crossroads, located in Princeton, Texas, is situated within booming Collin County. Located between the cities of McKinney and Greenville, Princeton benefits from easy access to both US Highway 380 and 75.

COUNTY Collin SUBMARKET

Over the past five years, Princeton has seen strong growth in terms of new residential development. Since 2012, Princeton has experienced a 416% increase in new housing starts and a 65% appreciation in median home prices.

Princeton/McKinney/Fairview LAND AREA

? 297.106 Acres

TRAFFIC COUNTS

? 19,200 VPD Along US Highway 380 @ Princeton High School

? 28,732 VPD Along US Highway 380 @ Walmart

PROPERTY OVERVIEW

ZONING PD (Planned Development) LAND USE Residential Single Family, Multifamily, Commercial, Restaurant, Hospitality FRONTAGE ? 1.5 Miles Along State Highway 380 (North and South side of highway) SCHOOL DISTRICT Princeton ISD UTILITIES February 2019 Completion

ossroads_Raw Land

PRINCETON CROSSROADS

SURROUNDING DEVELOPMENT

MONTE CARLO

146 ACRES

WHITEWING TRAILS

3,444 LOTS

RAGON ESTATES

43 ACRES

SURROUNDING DEVELOPMENT KEY

STATUS

# OF LOTS PROJECTED POPULATION

COLOR

EXISTING

+/- 275

+/- 825

PROPOSED +/- 4,123

+/- 12,369

PARK TRAILS

870 LOTS

HILLSIDE ABBEY TRAILS AT 40.3 ACRES CROSSING RIVERSTONE

520+ LOTS 553 LOTS

VILLAS AT MONTE CARLO

130 ACRES

MONTE CARLO BLVD

Princeton High School 4A

1,125 Students

UNDERWAY +/- 2,048

PRINCETON CROSSROADS

+/- 975

TOTAL

+/- 7,421

+/- 6,144 +/- 2,925 +/- 22,263

MAP KCEYYPRESS BEND

382 LOTS

CREEKVIEW

171 LOTS

ETJ

ARCADIA FARMS

976 LOTS

MYRICK LN

PRINCETON BUSINESS PARK

BOORMAN LN

2ND ST PAD B PAD C COUNTY ROAD 457

PRINCETON

PAD A 14,820 S.F. +/- 2.14 ACRES

PARCEL 1

CROSSROADS

PARCEL 1: SITE AREA:

BUILDING AREA: MAJOR A MAJOR B MAJOR C MAJOR D PAD A PAD B PAD C PAD D PAD E TOTAL:

COVERAGE:

PARKING REQUIRED:

PARKING PROVIDED:

PARKING RATIO:

+/- 709,528 SF. - 16.29 ACRES

+/- 30,700 SF. +/- 24,000 SF. +/- 19,200 SF. +/- 15,400 SF. +/- 14,820 SF.

+/- 3,900 SF. +/- 3,900 SF. +/- 4,800 SF. +/- 5,400 SF. +/- 122,120 SF.

+/- 17.2%

678 SPACES

661 SPACES

+/- 5.4 SPACES PER 1,000 SF.

PARCEL 2: SITE AREA:

BUILDING AREA: ANCHOR A SHOPS A SHOPS B PAD F PAD G PAD H TOTAL:

COVERAGE:

PARKING REQUIRED:

PARKING PROVIDED:

PARKING RATIO:

U S

H I G H W A Y

3 8 0

+/- 960,121 SF. - 22.04 ACRES

+/- 120,000 SF. +/- 10,200 SF. +/- 15,000 SF. +/- 3,900 SF. +/- 3,900 SF. +/- 6,000 SF.

+/- 159,000 SF.

+/- 16.6% 834 SPACES 885 SPACES +/- 5.5 SPACES PER 1,000 SF.

PARCEL 3: SITE AREA:

BUILDING AREA: MAJOR E MAJOR F MAJOR G MAJOR H PAD I PAD J PAD K PAD L PAD M TOTAL:

COVERAGE:

PARKING REQUIRED:

PARKING PROVIDED:

PARKING RATIO:

+/- 762,744 SF. - 17.51 ACRES

+/- 30,000 SF. +/- 30,200 SF. +/- 30,000 SF. +/- 15,000 SF.

+/- 5,000 SF. +/- 3,900 SF. +/- 3,680 SF. +/- 5,700 SF. +/- 5,700 SF. +/- 129,180 SF.

+/- 16.9%

723 SPACES

822 SPACES

+/- 6.3 SPACES PER 1,000 SF.

PARKING REQUIRED:

1 SPACE PER 200 SF - RETAIL 1 SPACE PER 100 SF - RESTAURANT

MAJOR A +/- 30,700 S.F.

MAJOR B +/- 24,000 S.F.

MAJOR C +/- 19,200 S.F.

MAJOR D +/- 15,400 S.F.

RETENTION

ANCHOR A +/- 120,000 S.F. 645 SPACES / 5.4 SPACES PER 1,000 SF. +/- 734,943 SF. - 16.87 ACRES

RETENTION

PAD H 6,000 S.F. +/- 0.79 ACRES

SHOPS B 15,000 S.F.

+/- 1.50 ACRES

RETENTION

5P,7A00DS.FL.

5P,7A00DS.MF.

MAJOR E +/- 30,000 S.F.

MAJOR F +/- 30,200 S.F.

MAJOR G +/- 30,000 S.F.

MAJOR H +/- 15,000 S.F.

RETENTION

north

S.W.C. U.S. HIGHWAY 380 & COUNTY ROAD 457 Princeton, Texas

PRINCETON

CONCEPTUAL SITE PLAN - 05 10.24.2017

1" = 100'-0"

0 50 100

200

ESTATES AVALON

287 LOTS 34 LOTS

McKinney National Aiport

9.3 Miles

WINCHESTER ESTATES

1,199 LOTS

LAKE LAVON

PRINCETON

LAKES

70 LOTS

HARVEST POINT

883 LOTS

W

E

PW R I N C E TOEN C RO S S ROA D S

W

E

MARKET

1

COMMERCIAL 23.5 AC

RESIDENTIAL / COMMERCIAL

18.5 AC

ATTRACTION PAD 2

1 AC COMMERCIAL

HOTEL

*

13

3 15 3 AC

2 AC

8B

14

4

R E S I D E N T I A L D9 E V E LO P M8EAN T S

MULTIFAMILY 12 AC

20 PAD 3 AC

21 PAD 3 AC

PAD

223 AC

10

MULTIFAMILY 12.5 AC

FUTURE PRINCETON CITY HALL

16 17

SELF STORAGE

5 AC

11

5 HOTEL 2 AC

PAD

19 18 6 1 AC

PAD 1 AC

COMMERCIAL / SENIOR LIVING

6 AC

COMMERCIAL / FLEX

12 14 AC

NUMBER

PARCEL

1

Single Family Residential

2

Residential/Commercial

3

Commercial

*Traffic Signal is currently conceptual

4

City Hall

5

Hotel

6

Commercial/Senior Living

7

Medical/Education/Special Use

8A

Retail

8B

Multifamily

Deal Report Site Plan

9

Multifamily

October 2018

10

Multifamily

11

Self Storage

12

Commercial/Flex

13

Pad Site

14

Hotel

15

Pad Site

16

Pad Site

17

Pad Site

NET ACRES

87.50 18.50 3.00 15.00 2.00 6.00 45.59 57.6 9.00 12.00 12.50 5.00 14.00 1.00 2.00 2.00 1.00 1.00

SQUARE FEET

3,811,500 805,860 130,680 653,400 87,120 261,360 1,985,900 2,509,056 392,040 522,720 544,500 217,800 609,840 43,560 87,120 87,120 43,560 43,560

PPSF

$ $ 5.60 $ 11.00

$ $ 8.00 $ 7.50 $ 5.50

$ $ $ $ 5.50 $ 6.00 $ 6.50 $ 15.50 $ 12.00 $ 13.25 $ 11.00 $ 14.50

SITE PLAN KEY

NEGOTIATING LOI

CONTRACT

M A P PENDING K E Y

UNDER UNDER CONTRACT CONTRACT

CLOSED CONTRACT

PENDING

NEGOTIATING LOI

PRICING

CLOSED

MEDICAL /

EDUCATION /

7

SPECIAL USE 45 AC

PPAC

$ $ 243,936 $ 479,160

$ $ 348,480 $ 326,700 $ 239,580

$ $ $ $ 239,580 $ 261,360 $ 283,140 $ 675,180 $ 522,720 $ 577,170 $ 479,160 $ 631,620

TOTAL

Under Contract $ 4,512,816 $ 1,437,480 Closed $ 696,960 $ 1,960,200 $ 10,922,452

Under Contract Call for Pricing Under Contract

$ 2,994,750 $ 1,306,800 $ 3,963,960

$ 675,180 $ 1,045,440 $ 1,154,340

$ 479,160 $ 631,620

PW R I N C E TOEN C RO S S ROA D S

W

E

MARKET

1

COMMERCIAL 23.5 AC

RESIDENTIAL / COMMERCIAL

18.5 AC

ATTRACTION PAD 2

1 AC COMMERCIAL

HOTEL

*

13

3 15 3 AC

2 AC

8B

14

4

R E S I D E N T I A L D9 E V E LO P M8EAN T S

MULTIFAMILY 12 AC

20 PAD 3 AC

21 PAD 3 AC

PAD

223 AC

10

MULTIFAMILY 12.5 AC

FUTURE PRINCETON CITY HALL

16 17

SELF STORAGE

5 AC

11

5 HOTEL 2 AC

PAD

19 18 6 1 AC

PAD 1 AC

COMMERCIAL / SENIOR LIVING

6 AC

COMMERCIAL / FLEX

12 14 AC

NUMBER

PARCEL

18

Pad Site

19

Pad Site

20

Pad Site

*Traffic Signal is currently conceptual

21

Pad Site

22

Pad Site

NET ACRES

1.00 1.00 3.00 3.00 3.00

SQUARE FEET

43,560 43,560 130,680 130,680 130,680

PPSF

$ 11.00 $ 13.25 $ 14.50 $ 11.50 $ 9.50

Deal Report Site Plan October 2018

SITE PLAN KEY

NEGOTIATING LOI

CONTRACT

M A P PENDING K E Y

UNDER UNDER CONTRACT CONTRACT

CLOSED CONTRACT

PENDING

NEGOTIATING LOI

PRICING

CLOSED

MEDICAL /

EDUCATION /

7

SPECIAL USE 45 AC

PPAC

$ 479,160 $ 577,170 $ 631,620 $ 500,940 $ 413,820

TOTAL

$ 479,160 $ 577,170 $ 1,894,860 $ 1,502,820 $ 1,241,460

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download