Highway-Accessible Commercial
For Sale
$3,200,000
650 South State Highway 5, Fairview, TX 75069
CPDD Urban Transition zoning establishes a form-based framework for commercial or residential development at a prominent corner site.
Property Size322,169 SF
Price / SF$9.93
Days on Market154
Property Features for 650 South State Highway 5
General Information
Standard status
Active
Size
322,169 SF
Property subtype
Lots & Acreage / Unimproved Land
Amenities
No
Listing Agency:
Keller Williams Realty Allen
(214) 502-4801
Listed By:
Erin Clifford · License #0618827
(214) 502-4801
Source:
Compass
Added: Mar 30
Changed: Aug 29
Last Checked: Aug 29 at 3:08PM
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 Keller Williams Realty Allen
Investment Insights
Based on property information with market context.
This 7.4±-acre commercial land tract contains 322,169 square feet at the corner of South State Highway 5 and Meandering Way in Fairview. The property is currently ag-exempt and carries CPDD zoning within the Urban Transition Sub-District, a form-based designation with defined architectural and design standards. The planning framework supports commercial or residential development concepts, including assisted living, memory care, or hybrid 55+ senior housing.
The site offers immediate access to US-75 and SH-121 within the Fairview–McKinney growth corridor. Historic Downtown McKinney, Fairview Town Center, major medical facilities, regional retail anchors, churches, shopping, and established residential neighborhoods are identified as nearby destinations. The property is positioned for either a longer-term hold or a development-oriented strategy, as described in the source information.
The site offers immediate access to US-75 and SH-121 within the Fairview–McKinney growth corridor. Historic Downtown McKinney, Fairview Town Center, major medical facilities, regional retail anchors, churches, shopping, and established residential neighborhoods are identified as nearby destinations. The property is positioned for either a longer-term hold or a development-oriented strategy, as described in the source information.
Key Highlights
- 7.4± acres, equal to 322,169 square feet
- Corner location at South State Highway 5 and Meandering Way
- Immediate access to US‑75 and SH‑121
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CPDD Urban Transition zoning establishes a form-based framework for commercial or residential development at a prominent corner site.
Where is this commercial land located?
The property is located at 650 South State Highway 5 Fairview, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 7.4± acres, equal to 322,169 square feet; Corner location at South State Highway 5 and Meandering Way; Immediate access to US‑75 and SH‑121
