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    910 State Hwy 5 Hwy Fairview, TX 75069

    For Sale
    $2,600,942

    Prime Fairview location, high-growth area, excellent visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2.4-acre commercial property presents a unique investment opportunity in the thriving Fairview, Texas market. Ideally situated at the three-way stoplight intersection of Highway 5 Greenville Ave. and CR 1378 Country Club Dr., this site offers unparalleled visibility and accessibility. Zoning permits the development of up to 25,000 square feet of retail or office space, catering to a wide range of potential uses. The property benefits from its strategic location adjacent to a recently sold-out 184-homesite development featuring new single-family homes and townhouses, ensuring a robust and growing customer base. Nearby amenities include Medical City McKinney, The Villages of Fairview, Fairview Outlet Mall, and the Heard Nature Museum, further enhancing its appeal. The property's proximity to McKinney schools and numerous parks, restaurants, and entertainment venues adds to its desirability. Future infrastructure improvements are planned, including the extension of Country Club Drive west, creating a four-corner intersection connecting to the Highway 75 service road. This planned expansion, coupled with the recent acquisition of 242 acres by the Billingsley Company for development west of Highway 5, signifies significant future growth in the area, promising substantial long-term value appreciation for this exceptional property. The property is priced at $2,600,942.

    Property Features for 910 State Hwy 5 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    104,544 SF

    Building Details

    Year Built
    2018
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairview
    County
    Collin
    State
    Texas
    Longitude
    -96.63281
    Latitude
    33.15584

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Fairview location, high-growth area, excellent visibility.
    Where is this commercial real estate located?
    The property is located at 910 State Hwy 5 Hwy Fairview, TX.
    What is the asking price?
    The asking price for this property is $2,600,942.
    Request Owner's contact information
    910 State Hwy 5 Hwy Fairview, TX 75069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    910 State Hwy 5 Hwy Fairview, TX 75069
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