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    3818 Taft Ln McKinney, TX 75071

    For Sale
    Contact for pricing

    1.59 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.59-acre commercial land parcel presents a compelling investment opportunity in McKinney, Texas. Strategically located on Highway 380 and Hardin Boulevard, this property boasts excellent visibility and accessibility for businesses seeking high traffic exposure. Its prime location directly across from a Costco-anchored retail center ensures significant foot traffic and brand recognition. The surrounding area is densely populated, with over 60,000 households within a five-mile radius, providing a substantial customer base. Furthermore, the property's proximity to Raytheon's McKinney campus, a major employer with over 3,000 employees, adds to its economic appeal. Permitted uses include medical facilities, daycare centers, and office spaces, offering flexibility for a variety of commercial ventures. The property's address is 3818 Taft Ln, McKinney, TX 75071, in Collin County. This is a rare opportunity to acquire a well-situated commercial lot in one of Texas's fastest-growing cities. The significant population density, proximity to major employers, and high-traffic location make this an ideal site for businesses seeking strong visibility and a robust customer base. Don't miss this chance to capitalize on the thriving McKinney market.

    Property Features for 3818 Taft Ln

    General Information

    Property type
    Land
    Lot Size
    69,260 SF

    HighLights

    • 1.59‑acre commercial land parcel in McKinney, TX.
    • High‑visibility location at the NW corner of Highway 380 and Hardin Boulevard.
    • Directly across from a Costco‑anchored retail center.
    • Over 60,000 households within a five‑mile radius.
    • One mile from Raytheon's McKinney campus.
    • Permitted uses include medical, daycare, and office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.661692615324
    Latitude
    33.220061348174

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    FAQs

    What type of property is this?
    Land - 1.59 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 3818 Taft Ln McKinney, TX.
    What are key features of this property?
    This property features: 1.59-acre commercial land parcel in McKinney, TX.; High-visibility location at the NW corner of Highway 380 and Hardin Boulevard.; Directly across from a Costco-anchored retail center.
    (972) 764-6004
    Request Owner's contact information
    3818 Taft Ln 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
    3818 Taft Ln McKinney, TX 75071
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