New Construction Medical Office
1870 Harroun Avenue McKinney, TX 75069
1870 Harroun Avenue, McKinney, TX, 75069
$490,000
For Sale
$490,000
SINGLE_FAMILY - McKinney, TX
Property Size1,400 SF
Lot Size0.88 Acres
Price / SF$350
Days on Market261
Property Features for 1870 Harroun Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Property condition
- Under Construction
- Parking features
- Off Street, Assigned, Parking Lot
- Standard status
- Active
- APN
- R939500A00201
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Description
- HARROUN OFFICE COMPLEX ADDITION (CMC), BLK A,
- Tax Annual Amount
- 6075
Utilities
- Sewer type
- Public Sewer
- Heating system
- Space Heater
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick, Frame, Concrete
- Roof type
- Composition
Listing Agency
Perfect Realty Partners
(469) 252-1261
Frisco, TX
Listed by
Srinivas Chaluvadi · License #0593565
(469) 252-1252
Added: Oct 31, 2025 Checked: Jul 18 at 8:06 am
MLS# 21100909
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
New construction medical office suite for sale, offered in shell condition and scheduled for availability in December 2025. The suite is approximately 1,400 SF and features an open floor plan with no structural walls on the floor, making it easier to combine adjacent suites if additional space is needed. This is one of six conveniently sized, functional suites within the building, and the entire building is also available for purchase.
The building is positioned on the southeast corner of Hwy 380 and US 75 in McKinney. It sits within dense residential development with thousands of single-family homes and apartments, and it is minutes away from the Hwy 380 and US 75 intersection. The surrounding area also includes national brand retailers and dining options within walking distance, supporting convenient access for patients and clients.
The configuration and professional-oriented design make this suite a practical fit for a range of service uses, including physician office, poly clinic, therapist and physio therapist practices, chiropractor and massage centers. It can also work well for other professional office concepts such as law offices, title companies, and CPA or similar service providers seeking a new construction location with adequate off-street parking.
The building is positioned on the southeast corner of Hwy 380 and US 75 in McKinney. It sits within dense residential development with thousands of single-family homes and apartments, and it is minutes away from the Hwy 380 and US 75 intersection. The surrounding area also includes national brand retailers and dining options within walking distance, supporting convenient access for patients and clients.
The configuration and professional-oriented design make this suite a practical fit for a range of service uses, including physician office, poly clinic, therapist and physio therapist practices, chiropractor and massage centers. It can also work well for other professional office concepts such as law offices, title companies, and CPA or similar service providers seeking a new construction location with adequate off-street parking.
Key Highlights
- New construction medical/professional office suite (under construction) built in 2025
- 1,400 SF open floor plan with no structural walls on the floor for easy reconfiguration with adjacent suites
- Suite offered as part of a six‑suite building; all suites in the building also available for sale
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.6k | $24.00 |
| − Vacancy | −$3.4k | −$2.40 |
| EGI | $30.2k | $21.60 |
| − OpEx | −$12.1k | −$8.64 |
| NOI | $18.1k | $12.96 |
1,400 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 3.70%
Second Best
Office B
$256.9K
$224.8K – $299.8K
NOI $17,985 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$393.6K
$344.4K – $459.2K
NOI $27,552 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- McKinney Pharmacy — 1601 W University Dr, McKinney, TX 75069
- Banfield Pet Hospital — 1751 N Central Expy STE A, McKinney, TX 75070
- Cedar Creek Animal Hospital — 1434 N Central Expy N STE 123, McKinney, TX 75070
- UrgentVet — 1717 W University Dr STE 418, McKinney, TX 75069
FAQs
What type of property is this?
Medical Office Space - Brand-new, open-plan medical suite in a six-suite office building with off-street parking and flexible suite configuration options.
Where is this medical office space located?
The property is located at 1870 Harroun Avenue McKinney, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: New construction medical/professional office suite (under construction) built in 2025; 1,400 SF open floor plan with no structural walls on the floor for easy reconfiguration with adjacent suites; Suite offered as part of a six‑suite building; all suites in the building also available for sale
