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    1461 & Lk Frst Dr McKinney, TX 75071

    For Sale
    Contact for pricing

    Prime McKinney location, 77 acres, ETJ zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 77-acre commercial land parcel presents a unique investment opportunity in the thriving McKinney, Texas market. Situated at the Northwest corner of F.M. 1461 and Lake Forest Drive in Collin County, this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned McKinney ETJ, offering a range of potential commercial development options. Its expansive size provides ample space for a variety of projects, from large-scale retail centers and industrial parks to mixed-use developments. The strategic intersection provides convenient access to major transportation arteries, ensuring high traffic volume and exposure for any future development. Given McKinney's robust economic growth and population increase, this property represents a significant opportunity for investors seeking to capitalize on the area's continued expansion. The 75071 zip code further underscores the desirability of this location, known for its strong residential and commercial activity. Detailed zoning information and development possibilities are available upon request. This is a rare opportunity to acquire a substantial land parcel in a prime location within one of Texas's fastest-growing cities. Don't miss this chance to secure your stake in McKinney's future.

    Property Features for 1461 & Lk Frst Dr

    General Information

    Property type
    Land
    Lot Size
    3,354,120 SF

    HighLights

    • 77‑acre commercial land parcel in McKinney, Texas.
    • Located at the Northwest corner of F.M. 1461 and Lake Forest Drive.
    • Situated in Collin County, Texas, zip code 75071.
    • Zoned for commercial development under McKinney ETJ designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6792101
    Latitude
    33.2181727

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    FAQs

    What type of property is this?
    Land - Prime McKinney location, 77 acres, ETJ zoning.
    Where is this land located?
    The property is located at 1461 & Lk Frst Dr McKinney, TX.
    What are key features of this property?
    This property features: 77-acre commercial land parcel in McKinney, Texas.; Located at the Northwest corner of F.M. 1461 and Lake Forest Drive.; Situated in Collin County, Texas, zip code 75071.
    (214) 526-3626
    Request Owner's contact information
    1461 & Lk Frst Dr 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
    1461 & Lk Frst Dr McKinney, TX 75071
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