Exceptional opportunity to acquire a high-visibility commercial corner located on FM 546 at County Road 392 in the rapidly growing Princeton submarket. This property sits directly in the path of ongoing residential expansion, surrounded by multiple large-scale subdivision developments. The property has been cleared, allowing for immediate planning and development. Strategically positioned just minutes from McKinney and Highway 380, the site offers excellent accessibility and exposure along a well-traveled corridor, including proximity to local schools which drive consistent daily traffic. Key Highlights: Hard corner location with strong frontage on FM 546 Cleared site - ready for development Located outside city limits and removed from Princeton ETJ Streamlined permitting through Collin County 12-inch water line available via Culleoka Water (across FM 546) Minimal nearby commercial competition Ideal for retail, convenience store, gas station, service-based users, mixed-use development, or industrial flex. This property presents a rare opportunity to establish a commercial presence in an underserved, high-growth corridor with strong long-term upside.
| MLS # | 21212069 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 196 |
| Listing Provided By | Gregorio Real Estate Company | Giovanni Locatelli |
| Zoning | No Zoning |
|---|---|
| Acreage | 2.00 |
| Lot Features | Acreage |
|---|
| Utilities | City Water, Electricity Available, Outside City Limits |
|---|
| Unexempt Taxes | 2172 |
|---|---|
| Tax Block | 1 |
| Tax Legal Description | ABS A0892 W D THOMPSON SURVEY, SHEET 1, TRACT |
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | W D Thompson Surv Abs #892 |
| Listing VS Median (in W D Thompson Surv Abs #892) | |
Price: $1,200,000 low | high Med: $0 On site: 196 low | high Med: | |
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | W D Thompson Surv Abs #892 |
| Listing VS Median (in W D Thompson Surv Abs #892) | |
Price: $1,200,000 low | high Med: $0 On site: 196 low | high Med: | |
![]() | $1,200,0004910-1 Fm-546Princeton, TX 75407 |