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    380 & Lk Frst Dr McKinney, TX 75071

    Sponsored
    For Lease
    Contact for pricing

    Highway 380 Frontage, 5.4 Acres

    Lot size:
    56,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.4-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving McKinney, Texas market. Boasting approximately 1.3 acres of frontage along the heavily trafficked Highway 380 (also known as West University Drive), this single-tenant property enjoys unparalleled visibility and accessibility. Its strategic location within Collin County, specifically near the intersection of Highway 380 and Lake Forest Drive, places it at the heart of a rapidly expanding area. The site benefits from its proximity to recently completed retail and residential projects, ensuring a robust and growing customer base. This prime location offers easy access to the major thoroughfares connecting McKinney, Prosper, Frisco, and Denton, maximizing exposure to a large and diverse consumer demographic. The property is zoned for commercial use, making it ideal for a variety of retail concepts. The substantial lot size provides ample space for development, allowing for flexibility in design and scale. This is an exceptional investment opportunity for businesses seeking a high-visibility location in one of Texas's fastest-growing areas. The property is available for sale or lease. The zip code is 75071.

    Property Features for 380 & Lk Frst Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,628 SF

    Unit(s) available at that property

    Space
    Size
    56,628 SF

    HighLights

    • 5.404‑acre commercial land parcel in McKinney, TX.
    • 1.3‑acre pad site with Highway 380 frontage.
    • High‑traffic location at Hwy 380 & Lake Forest Dr. intersection.
    • Commercial zoning.
    • Available for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.673298060737
    Latitude
    33.217916039186

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    FAQs

    What type of property is this?
    Retail property - Highway 380 Frontage, 5.4 Acres
    Where is this retail property located?
    The property is located at 380 & Lk Frst Dr McKinney, TX.
    What are key features of this property?
    This property features: 5.404-acre commercial land parcel in McKinney, TX.; 1.3-acre pad site with Highway 380 frontage.; High-traffic location at Hwy 380 & Lake Forest Dr. intersection.
    Request Owner's contact information
    380 & Lk Frst Dr McKinney, TX 75071
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    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
    380 & Lk Frst Dr McKinney, TX 75071
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