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    Swq - Wilmeth Rd. & Rdg Rd Newark, TX 76071

    Sponsored
    For Sale
    Contact for pricing

    Texas commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity spans a generous 1.54 to 6.8 acres, strategically located in McKinney, Texas, within Collin County. The property boasts a prime location at the intersection of Wilmeth Road and Ridge Road, offering excellent visibility and accessibility. Currently zoned PD - Single Family Residential District, the seller is open to working with the buyer to pursue commercial zoning, presenting a unique chance to develop a variety of commercial ventures. The expansive lot size provides ample space for a wide range of projects, from smaller retail spaces to larger-scale commercial developments. The address is Swq - Wilmeth Rd. & Ridge Rd, McKinney, TX 76071. This property presents a rare chance to acquire a significant parcel of land in a thriving Texas market, poised for substantial growth and return on investment. Its location offers easy access to major transportation routes, ensuring convenient access for both employees and customers. The flexibility in zoning allows for a diverse range of development possibilities, making this an attractive proposition for discerning investors and developers seeking a prime location in a rapidly growing area. The latitude and longitude coordinates are 33.0062272, -97.4868283 respectively. This is a for-sale opportunity not to be missed.

    Property Features for 0 Swq - Wilmeth Rd. & Rdg Rd

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • For Sale.
    • Commercial land in McKinney, Texas.
    • Located at the intersection of Wilmeth Rd. and Ridge Rd.
    • Zoned PD - Single Family Residential, but seller will allow buyer to pursue commercial zoning.
    • Lot size ranges from 1.54 to 6.8 acres.
    • Located in Collin County, Texas, zip code 76071.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newark
    County
    Collin
    State
    Texas
    Longitude
    -97.4868283
    Latitude
    33.0062272

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    FAQs

    What type of property is this?
    Land - Texas commercial land, ideal for development.
    Where is this land located?
    The property is located at Swq - Wilmeth Rd. & Rdg Rd Newark, TX.
    What are key features of this property?
    This property features: For Sale.; Commercial land in McKinney, Texas.; Located at the intersection of Wilmeth Rd. and Ridge Rd.
    (214) 526-3626
    Request Owner's contact information
    Swq - Wilmeth Rd. & Rdg Rd Newark, TX 76071
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    Newark, TX 76071
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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
    Swq - Wilmeth Rd. & Rdg Rd Newark, TX 76071
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