5959 Franklin Branch Rd McKinney, TX 75071
- Commercial real estate
- 7.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5959 Franklin Branch Rd
- Lot size
- 7.22 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.22-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of McKinney, Texas. Located at 5959 Franklin Branch Road, in Collin County, zip code 75071, this property boasts a highly desirable location within the McKinney extraterritorial jurisdiction (ETJ) on Frontier Parkway. The asking price is $3,774,038, translating to an attractive land value of $12 per square foot. The site benefits from its proximity to a major thoroughfare, with Frontier Parkway slated for widening to include a median break at the intersection of Frontier Parkway and Lake Forest. This strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial developments. Importantly, this property is currently free from city restrictions, offering developers significant flexibility in their project planning. The coordinates are 33.2602844 latitude and -96.6839103 longitude. This prime location and the absence of city restrictions combine to create an exceptional opportunity for significant return on investment. Don't miss this chance to acquire a substantial tract of land in one of Texas's fastest-growing cities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6839103
- Latitude
- 33.2602844