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    4111 Fm 1461 McKinney, TX 75071

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    For Sale
    Contact for pricing

    Four-acre commercial/industrial/residential land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional four-acre property presents a unique investment opportunity in McKinney, Texas. Located at 4111 FM 1461, this unzoned land boasts 343 feet of frontage on FM 1461, offering unparalleled visibility and accessibility. Situated outside city limits in Collin County, zip code 75071, this parcel benefits from its strategic position within the Laud Howell Parkway trade area. This planned parkway will significantly enhance connectivity, linking the area from Custer Road to US 75, providing convenient access to major thoroughfares like US 380 and US 75. The property's location is further enhanced by its proximity to numerous existing and planned residential communities, creating a strong foundation for future development. The expansive lot size offers considerable flexibility for a variety of commercial, industrial, or residential projects. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area with excellent infrastructure and high potential for appreciation. The property's location offers easy access to major transportation arteries, making it an attractive option for businesses and developers alike.

    Property Features for 4111 Fm 1461

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 4.0‑acre lot in McKinney, TX.
    • Unzoned land outside city limits.
    • Prime location near existing and planned residential communities.
    • Future Laud Howell Parkway connection to US 75.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath Food Market Bar & Pub Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.687306413901
    Latitude
    33.261544876928

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    FAQs

    What type of property is this?
    Land - Four-acre commercial/industrial/residential land, ideal for development.
    Where is this land located?
    The property is located at 4111 Fm 1461 McKinney, TX.
    What are key features of this property?
    This property features: 4.0-acre lot in McKinney, TX.; Unzoned land outside city limits.; Prime location near existing and planned residential communities.
    Request Owner's contact information
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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
    4111 Fm 1461 McKinney, TX 75071
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