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    1325 Greenville St McKinney, TX 75069

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    For Sale
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    Prime Commercial Land Near McKinney Airport

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.92-acre commercial land parcel presents a unique investment opportunity in McKinney, Texas. Located at 1325 Greenville St, 75069, in Collin County, this C1 commercially zoned property offers unparalleled access to major transportation arteries. Enjoy easy connectivity to Highway 75, the Sam Rayburn Tollway (Highway 121), and Highway 380, placing you within a 30-minute radius of Interstates 20, 30, 35, and 635. The site's strategic location is further enhanced by its proximity to McKinney National Airport, currently undergoing discussions for a significant $300 million expansion. This planned expansion, potentially operational as early as 2026, includes a substantial 144,000 square-foot commercial passenger terminal with initial capacity for four gates, expandable to sixteen, along with 2,000 parking spaces, retail, dining, and upgraded passenger amenities. The airport's Fixed Base Operator (FBO) was ranked within the top 20% of all FBOs in North and South America by Aviation International News in 2022. This property's location, combined with the airport's anticipated growth, creates a compelling opportunity for development in a thriving Texas market, just 30 miles north of Dallas. The property's size and zoning provide considerable flexibility for a variety of commercial uses.

    Property Features for 1325 Greenville St

    General Information

    Property type
    Land
    Lot Size
    127,195 SF

    HighLights

    • 2.92‑acre commercial land parcel in McKinney, TX.
    • C1 zoning.
    • Excellent access to major highways (Hwy 75, Hwy 121, Hwy 380), within 30 minutes of I‑20, I‑30, I‑35, and I‑635.
    • Near McKinney National Airport, slated for a $300 million expansion including a new passenger terminal.
    • Property offers flexibility for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.598597
    Latitude
    33.198208

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land Near McKinney Airport
    Where is this land located?
    The property is located at 1325 Greenville St McKinney, TX.
    What are key features of this property?
    This property features: 2.92-acre commercial land parcel in McKinney, TX.; C1 zoning.; Excellent access to major highways (Hwy 75, Hwy 121, Hwy 380), within 30 minutes of I-20, I-30, I-35, and I-635.
    Request Owner's contact information
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    McKinney, TX 75069
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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
    1325 Greenville St McKinney, TX 75069
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