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    1650 Lake Forest Dr McKinney, TX 75071

    For Lease
    $22 SF/Yr ($16,533 /Mo)

    Prime medical office, 1-story building, Collin County.

    Lot size:
    9,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9,018 square foot medical office building is situated at 1650 N Lake Forest Dr, McKinney, TX 75071, offering a single-tenant occupancy opportunity. The property boasts 1,396 square feet of readily available space, perfect for expansion or a new practice. Conveniently located off the thriving Highway 380 corridor and Lake Forest Drive, this location benefits from exceptional visibility and accessibility. The building is situated adjacent to Baylor Scott & White Medical Center - McKinney, providing immediate proximity to a major healthcare provider and a significant patient base. The surrounding area is characterized by robust retail options, including major grocery stores (Kroger, Walmart), pharmacies (Walgreens), big-box retailers (Costco, Marshalls), entertainment venues (Cinemark), fitness centers (24 Hour Fitness), and a wide array of restaurants and services. This property is in McKinney, Texas, a rapidly growing city with a population exceeding 200,000 and a high average household income. The area's master-planned community, Stonebridge Ranch, adds to the desirability of this location. This is an excellent opportunity to establish or expand a medical practice in a thriving and highly accessible location. The property is a single-story building in Collin County, offering convenient access and ample space.

    Property Features for 1650 Lake Forest Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,018 SF
    Total Rate
    16533

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,396 SF
    Rate per SF
    $22
    Property Profile Location Intelligence

    Current Use by Public Records

    Carrie D. Alfieri, ... Optometrist MyEyeDr. Eye Care Center The Vision Center Optician Best Brains Learning ... Learning Center Alliance Bank - McKinney ... Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6794467
    Latitude
    33.2142866

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    FAQs

    What type of property is this?
    Medical office - Prime medical office, 1-story building, Collin County.
    Where is this medical office located?
    The property is located at 1650 Lake Forest Dr McKinney, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    Request Owner's contact information
    1650 Lake Forest Dr McKinney, TX 75071
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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
    1650 Lake Forest Dr McKinney, TX 75071
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