Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    500 New Hope Rd McKinney, TX 75071

    • Land
    • 4.00 lot acres
    For Sale
    View listing
    $1,600,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 500 New Hope Rd

    Lot size
    4.00 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.5758
    Latitude
    33.2076

    Comparable in this City

    • Value Estimation by Request
      4.00 Acres

      4111 Fm 1461

      Land • 4.00 Acres
      4111 Fm 1461, McKinney, TX 75071
      View Details
    • Value Estimation by Request
      14.00 Acres

      6273 Bloomdale Rd

      Land • 14.00 Acres
      6273 Bloomdale Rd, Prosper, TX 75071
      View Details
    • Value Estimation by Request
      26,003 SF

      306 Kentucky St

      Land • 26,003 SF
      306 Kentucky St, McKinney, TX 75071
      View Details
    • Value Estimation by Request
      4.00 Acres

      500 New Hope Rd

      Land • 4.00 Acres
      500 New Hope Rd, McKinney, TX 75071
      View Details
    • Value Estimation by Request
      1.48 Acres

      2207 University Dr

      Land • 1.48 Acres
      2207 University Dr, McKinney, TX 75071
      View Details
    • Value Estimation by Request
      3.72 Acres

      3190 Co Rd

      Land • 3.72 Acres
      3190 Co Rd, McKinney, TX 75071
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.90 Acres

      McKinney Marketplace: Junior Anchor Space

      Prime McKinney retail land, ±19,000 SF available.
      0 Virginia Pkwy, McKinney, TX 75071
      View Details
    • $1,500,000
      3.72 Acres

      McKinney Land: 3.72 Acres

      Prime McKinney acreage, ideal for mixed-use development.
      3190 Co Rd, McKinney, TX 75071
      View Details
    • Contact for pricing
      77.00 Acres

      77 Acres Commercial Land, McKinney, TX

      Prime McKinney location, 77 acres, ETJ zoning.
      1461 & Lk Frst Dr, McKinney, TX 75071
      View Details
    • $3,774,038
      7.22 Acres

      Prime McKinney Commercial Land

      7 Acres, High-Traffic Location, $12/SF
      5959 Franklin Branch Rd, McKinney, TX 75071
      View Details
    • $5,900,000
      62.45 Acres

      McKinney Ranch Land - 62 Acres

      Prime Texas Ranch Land, Zoned A
      4228 Co Rd, McKinney, TX 75071
      View Details
    • Contact for pricing
      1.59 Acres

      Highway 380 Commercial Land

      1.59 Acres, High-Traffic Location
      3818 Taft Ln, McKinney, TX 75071
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wilmeth Road Prime Commercial Land

      McKinney, TX: 1.83 Acres, Single Tenant
      0 Swq Of Wilmeth Rd & Hardin Blvd, McKinney, TX 75071
      View Details
    • Contact for pricing
      10 SF

      Prime Land in McKinney, Texas

      Land available in booming McKinney market with logistical efficiency.
      Tbd, McKinney, TX 75071
      View Details
    • Contact for pricing
      26,003 SF

      Prime McKinney Commercial Land

      Downtown McKinney, 0.6-acre lot
      306 Kentucky St, McKinney, TX 75071
      View Details
    • Contact for pricing
      25 SF

      Land Near US HWY 380

      Land for rent within McKinney ETJ, close to US HWY 380.
      3250 County Road 405, McKinney, TX 75071
      View Details
    • Contact for pricing

      Retail Destination in McKinney, Texas

      Premier retail destination in McKinney, Texas, anchored by Kroger Marketplace.
      Fm 2478, McKinney, TX 75071
      View Details
    • Contact for pricing

      Retail Destination in McKinney, Texas

      Premier retail destination in fast-growing McKinney, Texas.
      5848 Fm 1461, McKinney, TX 75071
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 New Hope Rd
    McKinney, TX 75071
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.