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US 380 Commercial Land
New
For Sale
$500,000

1005 E University Dr, McKinney, TX 75069

Commercially zoned land with substantial roadway exposure, an existing welding shop, and redevelopment flexibility.

Property SizeContact for details
Days on Market3

Property Features for 1005 E University Dr

General Information

Standard status Active
Listing Agency: JPAR North Metro
Listed By: Daniel Cano · License #0673095
Source: Franzettirealestate
Added: Sep 20 Last Checked: Sep 21 at 1:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JPAR North Metro

Investment Insights

Based on property information with market context.

This 1.861-acre commercial land property includes an existing welding shop and approximately 939 feet of frontage along US 380. Dual commercial zoning supports a range of commercial land-use possibilities, while the existing improvements can accommodate continued operations, leasing, or a future redevelopment plan. The property’s value is centered on the land and its roadway position.

The site is located at a signalized T-intersection with reported traffic of more than 44,000 vehicles per day. McKinney National Airport is 2.4 miles away, Highway 5 is 1 mile away, and the Sam Rayburn Tollway is 5 miles away. Highway 75 is also nearby, though the source information provides conflicting distances. The surrounding population grew at an annual rate of 5.3% from 2020 to 2024, and Princeton is located minutes from the property.

Key Highlights

  • 1.861 ± acres of commercial land
  • Approximately 939 ± feet of frontage on US 380
  • More than 44,000 vehicles passing daily

Property Analytics

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Current Use

McKinney Church Church Welders Of Art Metal Fabrication Plant AAA Air Heating ... Hardware & Home Improvement Used Transmissions Sales Auto Repair Shop

Suggested Use

Top Pick Law Firm Pharmacy Restaurant Electrical Service Hair Salon Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
RaceTrac Shops & Services
37,820 visits/mo 0.1 miles

Demographics for 75069, TX

39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned land with substantial roadway exposure, an existing welding shop, and redevelopment flexibility.
Where is this commercial land located?
The property is located at 1005 E University Dr McKinney, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1.861 ± acres of commercial land; Approximately 939 ± feet of frontage on US 380; More than 44,000 vehicles passing daily
More about this property
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