1005 E University Drive,McKinney, TX 75069
McKinney, TX 75069
Description
PRIME 1.861-ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY ON US 380 - McKINNEY, TX. Rare opportunity to acquire approximately 1.861 acres of commercially zoned land with 939 feet of frontage on US 380 in McKinney, Texas. Positioned along a major growth corridor, the property sees more than 44,000 vehicles per day, providing excellent visibility and exposure. The surrounding population base experienced 5.3% annual growth from 2020 to 2024, supporting the long-term potential of this location. The property is conveniently located 2.4 miles from McKinney National Airport (TKI), 1 mile from Highway 5, 2 miles from Highway 75, and 5 miles from the Sam Rayburn Tollway. Located at a signalized T-intersection, the property offers excellent visibility and an ideal location for signage and advertising exposure. It is also minutes from Princeton, Texas, one of the fastest-growing cities in America. The property is currently used as a welding shop and has previously been leased to tenants from time to time, offering an opportunity for an investor or owner-user to generate income while benefiting from the underlying land value. The existing improvements provide flexibility for continued use, leasing, or future redevelopment. The value is primarily in the land and its strategic US 380 location. Strong population growth, high traffic counts, excellent highway access, and surrounding development make this an attractive opportunity for an investor, developer, or business owner. Owner financing available with a minimum of 60% down. Key Highlights 1.861 ± acres 939 ± feet of US 380 frontage 44,000+ vehicles passing daily Dual commercial zoning Signalized T-intersection 5.3% annual population growth (2020-2024) 2.4 miles to McKinney National Airport 1 mile to Highway 5 2.6 miles to Highway 75 5 miles to Sam Rayburn Tollway Minutes from Princeton, TX Existing welding shop-business use Income-producing potential or future redevelopment Owner financing available - minimum 60% down
Details
| MLS # | 21388480 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 54 |
| Listing Provided By | JPAR North Metro | Daniel Cano |
Features
| Story(s) | 1 |
|---|---|
| Zoning | Light and Heavy commercial |
| Acreage | 1.86 |
| Water Front | Creek |
Interior
| Cooling | None |
|---|---|
| Heating | None |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Security Service |
| Construction Materials | Steel Siding |
| Foundation Details | Other |
| Lot Features | Irregular Lot |
Parking
| Parking Features | Concrete |
|---|
Utilities
| Utilities | No Sewer, No Water |
|---|
Taxes
| Unexempt Taxes | 4327 |
|---|---|
| Tax Lot | 1 |
| Tax Block | 1 |
| Tax Legal Description | WANDA H ADDITION (CMC), BLK 1, LOT 1 |
Area Information
| State | TX |
|---|---|
| County | Collin |
| City | McKinney |
| Zip Code | 75069 |
| Area | Collin |
| Community Name | Wanda H Add |
| Listing VS Median (in Wanda H Add) | |
Price: $500,000 low | high Med: $0 On site: 54 low | high Med: | |
Market Activity 75069
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Learn More About This Property
| State | TX |
|---|---|
| County | Collin |
| City | McKinney |
| Zip Code | 75069 |
| Area | Collin |
| Community Name | Wanda H Add |
| Listing VS Median (in Wanda H Add) | |
Price: $500,000 low | high Med: $0 On site: 54 low | high Med: | |