Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    851 Harry Mckillop Blvd McKinney, TX

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    339,400 SF industrial space available in McKinney National Business Park.

    Property size:
    339,400 SF
    Lot size:
    26.21 Acres

    Property Features for 851 Harry Mckillop Blvd

    General Information

    Size
    339,400 SF
    Lot size
    26.21 Acres

    We can help!

    Listing Contact
    Randy Touchstone
    Randy Touchstone
    Source: Moodyscre

    Listing Agent: Randy Touchstone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    McKinney Industrial Space For Lease

    Located in McKinney National Business Park on Harry McKillop Blvd, this industrial space offers 339,400 square feet for lease. The building features a cross-dock configuration and a clear height of 36 feet. There are 233 car parking spaces and 37 trailer parking spaces available. The truck court measures 130 to 185 feet. The building depth is 500 feet. It includes 67 dock doors and 4 drive-in doors. Typical column spacing is 47 feet 6 inches by 54 feet, with a staging bay depth of 60 feet. The slab thickness is 6 inches. The space is equipped with LED lighting and an ESFR sprinkler system.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Gym & Fitness Department Store Kitchen & Bath Storage Facility Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.5890166
    Latitude
    33.1632842

    Nearby Similar for Lease

    • $2,295 /Mo
      1,224 SF

      New McKinney Office with Visibility

      Professional office space in a desirable McKinney location.
      6000 Alma Rd, McKinney, TX 75070
      View Details
    • $10,000 /Mo
      231,173 SF

      McKinney Church Building for Lease

      Spacious church building available for lease on Saturdays and evenings.
      2705 Virginia Pkwy, McKinney, TX 75071
      View Details
    • $2,995 /Mo
      561,924 SF

      Premium Office Condo in McKinney

      Professionally designed office condo available for lease in McKinney, TX.
      6000 Alma Rd, McKinney, TX 75070
      View Details
    • New
      $3,200 /Mo
      519,017 SF

      Move-in Ready Office Condo

      Functional office suite in a premium McKinney location.
      3900 S Stonebridge Dr, McKinney, TX 75070
      View Details
    • New
      $3,100 /Mo
      1,250 SF

      New McKinney Office/Medical Space

      New construction office or medical space available for lease.
      3951 Alma Rd, McKinney, TX 75070
      View Details
    • $3,300 /Mo
      4 SF

      Modern Office/Medical Space in McKinney

      Modern office/medical space with six rooms, kitchen, and conference room.
      1400 Coit Rd, McKinney, TX 75071
      View Details
    • New
      $21 SF/Yr
      1,185 SF

      New Office Condos For Lease

      Brand-new office condos for lease in a prime McKinney location.
      3801 N Central Expy, McKinney, TX 75071
      View Details
    • $26 SF/Yr
      107,680 SF

      Prime McKinney Office Space Available

      Thriving McKinney location suitable for various professional endeavors.
      1450 Redbud Blvd, McKinney, TX 75069
      View Details
    • $2,500 /Mo
      1,167 SF

      Modern Office Space in McKinney

      Functional office space with five private offices and conference room.
      1400 N Coit Rd, McKinney, TX 75071
      View Details
    • $7,500 /Mo
      85,116 SF

      Turnkey McKinney Office Space Available

      Exceptional office space in McKinney's dynamic growth corridor.
      3600 Eldorado Pkwy, McKinney, TX 75070
      View Details
    • $25 SF/Yr
      1,224 SF

      Move-in Ready McKinney Office Space

      Fully built-out office condo in Craig Ranch's Collin Ridge.
      6000 Alma Rd, McKinney, TX 75070
      View Details
    • $5,500 /Mo
      5,990 SF

      McKinney Flex Space For Rent

      Flex space available near US75 and McKinney Airport.
      345 Industrial Blvd, McKinney, TX 75069
      View Details

    FAQs

    What type of property is this?
    Distribution center - 339,400 SF industrial space available in McKinney National Business Park.
    Where is this distribution center located?
    The property is located at 851 Harry Mckillop Blvd McKinney, TX.
    What are key features of this property?
    This property features: - Large Available Square Footage: **339,400 SF of industrial space.**; - **36’ clear height** suitable for various industrial operations.; - Efficient cross-dock layout for streamlined logistics.
    (214) 236-6676
    Request Owner's contact information
    851 Harry Mckillop Blvd McKinney, TX
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    851 Harry Mckillop Blvd
    McKinney, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    851 Harry Mckillop Blvd McKinney, TX
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Randy Touchstone
    Randy Touchstone
    Real Estate License ID: 423697
    (214) 236-6676
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.