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    Nwc Of Sh-121 & Stacy Rd McKinney, TX 75070

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    Highway 121 & Stacy Road Retail Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity is situated on a 9.957-acre lot at the Northwest corner of Highway 121 and Stacy Road in rapidly expanding McKinney, Texas. The property boasts a highly visible location with excellent accessibility from Highway 121, situated on the feeder road. This prime retail location benefits from its strategic placement between significant developments. To the west lies a Super Target and Lowe's, while to the east sits a Cinemark and Lifeline Fitness. The property's proximity to the large open-air mall development on Highway 75 in Allen, further enhances its appeal and potential for high foot traffic and visibility. The development offers a mix of retail options, including three phases of smaller tenant spaces and up to four available pad sites ideal for restaurants or larger retail establishments. All sites offer exceptional visibility and accessibility directly from the Highway 121 feeder road, ensuring maximum exposure to the high volume of traffic in this thriving area. This presents a unique chance to establish a thriving business in a dynamic and rapidly growing market. The property's size and location make it an ideal investment for a restaurant seeking a high-traffic, easily accessible location within a vibrant retail environment. The development's design ensures excellent visibility and accessibility, maximizing the potential for success.

    Property Features for 0 Nwc Of Sh-121 & Stacy Rd

    General Information

    Property type
    Restaurants
    Lot Size
    433,727 SF

    HighLights

    • Retail property in McKinney, TX.
    • 9.957‑acre lot.
    • Restaurant space available.
    • High‑visibility location at the NWC of SH‑121 & Stacy Road.
    • Part of a new retail development with nearby major retailers (Target, Lowe's, Cinemark, Lifeline Fitness).
    • Multiple pad sites available for retail or restaurant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6805884
    Latitude
    33.1593743

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    FAQs

    What type of property is this?
    Restaurant - Highway 121 & Stacy Road Retail Opportunity
    Where is this restaurant located?
    The property is located at Nwc Of Sh-121 & Stacy Rd McKinney, TX.
    What are key features of this property?
    This property features: Retail property in McKinney, TX.; 9.957-acre lot.; Restaurant space available.
    Request Owner's contact information
    Nwc Of Sh-121 & Stacy Rd McKinney, TX 75070
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    McKinney, TX 75070
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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
    Nwc Of Sh-121 & Stacy Rd McKinney, TX 75070
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