500 New Hope Rd McKinney, TX 75071
This exceptional 4-acre commercial land parcel presents a unique investment opportunity in the thriving city of McKinney, Texas. Located at 500 W New Hope Rd, in Collin County, zip code 75071 (33.207584, -96.575813), this property is zoned for general business use, offering a wide range of development possibilities. The site boasts existing improvements including a house and other outbuildings, providing potential for immediate use or redevelopment. All utilities are conveniently located at the property line, simplifying infrastructure connections for any future project. The expansive lot size provides ample space for a variety of commercial ventures, from retail and office spaces to light industrial uses. This prime location in McKinney offers excellent access to major transportation routes and a vibrant, growing community. The property's versatility and strategic location make it an ideal investment for developers and entrepreneurs seeking a foothold in this dynamic Texas market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. This is a rare opportunity to acquire a significant land parcel in a highly desirable area with existing infrastructure and zoning already in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.