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    2207 University Dr McKinney, TX 75071

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    For Sale
    $2,475,000

    Prime 1.5-acre commercial land on University Dr (Hwy 380).

    Lot size:
    1.48 Acres

    Property Features for 2207 University Dr

    General Information

    Lot size
    1.48 Acres

    Source: Ebby Halliday, Realtors Agent David Gloria

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

    Overview

    University Drive Commercial Land Opportunity

    This property presents a significant opportunity on University Drive (Hwy 380) in McKinney. The site, just under 1.5 acres, offers frontage on Highway 380 and is suitable for various commercial uses, including retail, automotive repair, child care facilities, and restaurants. The tract is bordered by trees in the back, creating a blend of high visibility and natural surroundings. While the fringes in the back of the property are in the flood plain, they are expected to be within the building setback area. The location benefits from high traffic counts and visibility, making it a potentially desirable location for retail, office, or restaurant development.
    Location Intelligence

    Current Use by Public Records

    Mccall HVAC Company Heating Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -97.1029205
    Latitude
    33.2364871

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    FAQs

    What type of property is this?
    Commercial land - Prime 1.5-acre commercial land on University Dr (Hwy 380).
    Where is this commercial land located?
    The property is located at 2207 University Dr McKinney, TX.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: - High-traffic location on University Dr (Hwy 380) with incredible visibility.; - Suitable for a variety of commercial uses including retail, automotive repair, child care, and restaurant.; - Property size is just under 1.5 acres with frontage on Hwy 380.
    Request Owner's contact information
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    McKinney, TX 75071
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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
    2207 University Dr McKinney, TX 75071
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