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    Sec Lk Frst Dr & Mckinney Rnch Pkwy McKinney, TX 75070

    Sponsored
    For Sale
    Contact for pricing

    Prime McKinney, TX Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering, known as LAKE FOREST COMMONS, presents a unique investment opportunity in the thriving city of McKinney, Texas. Located at the signalized intersection of Lake Forest Drive and McKinney Ranch Parkway, this property boasts a highly visible location directly across from a Walmart Supercenter and less than a mile from the heavily trafficked TX-121 highway. The site encompasses between one and two acres of land zoned C-3, allowing for a wide range of commercial uses. Development plans include pad sites available for sale, ground lease, or build-to-suit options, all delivered pad-ready. The C-3 zoning permits a variety of uses, including retail, restaurants, quick-service restaurants (QSRs), gas stations, automotive businesses, fitness centers, and daycare facilities. Two existing buildings are also available for lease, one approximately 9,500 square feet and the other approximately 10,500 square feet, with an estimated delivery date of Q1 2025. This prime location, coupled with the flexibility of available options and the high-traffic area, makes LAKE FOREST COMMONS an ideal investment for businesses seeking strong visibility and accessibility. Contact for pricing and further details.

    Property Features for 0 Sec Lk Frst Dr & Mckinney Rnch Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑2 acre commercial land parcel in McKinney, TX (75070), located at the signalized intersection of Lake Forest Dr & McKinney Ranch Pkwy.
    • Retail space for lease (approx. 9,500 SF & 10,500 SF buildings), estimated delivery Q1 2025.
    • Pad sites available for sale, ground lease, or build‑to‑suit; pad‑ready delivery.
    • C‑3 Regional Commercial zoning.
    • Ideal for retail, restaurant, QSR, gas, automotive, fitness, and daycare uses.
    • Pricing available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6806906
    Latitude
    33.1590467

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    FAQs

    What type of property is this?
    Land - Prime McKinney, TX Commercial Land
    Where is this land located?
    The property is located at Sec Lk Frst Dr & Mckinney Rnch Pkwy McKinney, TX.
    What are key features of this property?
    This property features: 1-2 acre commercial land parcel in McKinney, TX (75070), located at the signalized intersection of Lake Forest Dr & McKinney Ranch Pkwy.; Retail space for lease (approx. 9,500 SF & 10,500 SF buildings), estimated delivery Q1 2025.; Pad sites available for sale, ground lease, or build-to-suit; pad-ready delivery.
    (214) 227-2729
    Request Owner's contact information
    Sec Lk Frst Dr & Mckinney Rnch Pkwy 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
    Sec Lk Frst Dr & Mckinney Rnch Pkwy McKinney, TX 75070
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