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    4228 Co Rd 408 McKinney, TX 75071

    Sponsored
    For Sale
    $5,900,000

    Prime Texas Ranch Land, Zoned A

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 62.45-acre property in McKinney, Texas, presents a unique investment opportunity. Located in Collin County, the land boasts 2,500 feet of frontage on County Road 408 and an additional 1,410 feet on CR 408, ensuring excellent accessibility. Zoned A, this expansive tract offers a versatile canvas for various commercial, industrial, or ranch-style developments. Its strategic location near Highway 380 provides convenient access to the city while maintaining a tranquil, rural setting. Natural features such as creeks, pastures, and mature trees enhance the property's aesthetic appeal and create a picturesque landscape. The asking price is $5,900,000. This property is ideal for those seeking a blend of rural serenity and urban convenience, making it perfect for a large-scale ranch, commercial venture, or industrial project. The property's size and zoning provide ample room for expansion and customization, catering to a wide range of development possibilities. Its proximity to McKinney and Highway 380 offers significant advantages in terms of transportation and access to amenities. The combination of natural beauty and strategic location makes this a truly exceptional opportunity. The property's address is 4228 Co Rd 408, McKinney, TX 75071.

    Property Features for 4228 Co Rd 408

    General Information

    Property type
    Farms
    Lot Size
    2,720,322 SF

    HighLights

    • $5,900,000 asking price.
    • 62.45‑acre land parcel in McKinney, Texas.
    • Commercial, Industrial, and Ranch zoning (A).
    • Located in the McKinney ETJ with excellent access via County Road 408 frontage.
    • Features approximately 2,500' of frontage on County Road 408 and 1,410' on CR 408.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.545543830715
    Latitude
    33.21439863929

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    FAQs

    What type of property is this?
    Farm - Prime Texas Ranch Land, Zoned A
    Where is this farm located?
    The property is located at 4228 Co Rd 408 McKinney, TX.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: $5,900,000 asking price.; 62.45-acre land parcel in McKinney, Texas.; Commercial, Industrial, and Ranch zoning (A).
    Request Owner's contact information
    4228 Co Rd 408 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
    4228 Co Rd 408 McKinney, TX 75071
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