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    Swq Us-380 & Custer Rd McKinney, TX 75072

    • Retail properties
    • 4,068 SF
    • 10.70 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Swq Us-380 & Custer Rd

    Lot size
    10.70 lot acres
    Property size
    4,068 SF
    Property type
    Retail properties
    Property subtype
    Land

    Description

    The Landing at McKinney offers exceptional retail pad sites for lease in the thriving city of McKinney, Texas. This 10.7-acre development presents three available spaces, each ranging from 1,800 to 2,268 square feet. The property is strategically located at the southwest quadrant of US-380 and Custer Road, ensuring high visibility and accessibility for businesses. The total building square footage across all available spaces is 4,068 square feet, providing ample room for a variety of retail ventures. The flexible space options cater to diverse business needs, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 2,268 square feet. This prime location in Collin County, Texas, offers a strong demographic profile and significant growth potential. The property's ideal location at a major intersection provides excellent exposure to a high volume of traffic, making it an attractive opportunity for businesses seeking a prominent presence in a rapidly expanding market. The address is SWQ US-380 & Custer Rd, McKinney, TX 75072. This is a multi-tenant property, perfect for businesses seeking a vibrant and accessible location. The property is classified as both Retail and Land, offering a unique opportunity for development and expansion.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.7012
    Latitude
    33.1853

    Comparable in this City

    • Value Estimation by Request

      Swc Virginia Pkwy And Hardin Blvd

      Land
      0 Swc Virginia Pkwy And Hardin Blvd, McKinney, TX 75072
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    • Value Estimation by Request
      1.09 Acres

      Swc Virginia Pkwy And Hardin Blvd

      Land • 1.09 Acres
      0 Swc Virginia Pkwy And Hardin Blvd, McKinney, TX 75072
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    • Value Estimation by Request

      Swc Custer Pkwy & Virginia Pkwy

      Land
      0 Swc Custer Pkwy & Virginia Pkwy, McKinney, TX 75072
      View Details
    • Value Estimation by Request
      11,670 SF

      2801 Stonebridge Dr

      Retail properties • 11,670 SF
      2801 Stonebridge Dr, McKinney, TX 75072
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    • Value Estimation by Request

      6595 Virginia Pkwy

      Retail properties
      6595 Virginia Pkwy, McKinney, TX 75072
      View Details
    • Value Estimation
      $245,000
      1.39 Acres

      Country Clb Dr

      COMMERCIAL (GENERAL) • 1.39 Acres
      Country Clb Dr, Mckinney, TX 75072
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.00 Acres

      McKinney Commercial Land - 2 Acres

      Prime 2-acre commercial lot in Stonebridge Ranch.
      1800 Stonebridge Dr, McKinney, TX 75072
      View Details
    • $1,700,000
      0.25 Acres

      Lakefront Restaurant Space in McKinney

      Move-in ready restaurant in McKinney's Adriatica Village.
      6675 Mediterranean Dr, McKinney, TX 75072
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    • $690,000
      1.91 Acres

      Residential Estate Land in McKinney

      1.9 acres of residential estate land, subdividable into at least 5 lots.
      105 Westpark Dr S, McKinney, TX 75072
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    • $629,000
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      Frisco Land with Creek Access

      1.7 acres with tall trees and creek access.
      15530 Plum Ln, Frisco, TX 75072
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    • $312,900
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      Move-In Ready Townhome in Gated Community

      Immaculate townhome in McKinney's gated Villas of Westridge community.
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    • $443,000
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      McKinney Medical Office Space

      Prime Medical Office, 1,197 SF, $443,000
      7300 Eldorado Pkwy, McKinney, TX 75072
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    Similar Nearby for Lease

    • Contact for pricing
      1,679 SF

      McKinney Restaurant Space For Lease

      Prime McKinney retail space, 1679 sq ft.
      2730 Central Expy, McKinney, TX 75072
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    • $5,477 /Mo
      58,937 SF

      Retail Space in Central McKinney

      Located in the heart of McKinney on Custer Road.
      1550 S Custer Rd, McKinney, TX 75072
      View Details
    • $28 SF/Yr
      1,197 SF

      McKinney Medical Office Building

      Prime Medical Office Space in McKinney, TX
      7300 Eldorado Pkwy, McKinney, TX 75072
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    • $35 SF/Yr
      8,699 SF

      Adriatica Village Office Space

      McKinney, TX Office Building - 8,699 sqft
      260 Adriatic Pkwy, McKinney, TX 75072
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    • $27 SF/Yr
      1,230 SF

      McKinney Office Condo For Lease

      1,230 sq ft Executive Office Suite. Immediate Occupancy.
      1402 Custer Rd, McKinney, TX 75072
      View Details
    • $789 /Mo
      261 SF

      Office Unit with Balcony View

      Office space with balcony overlooking town center in McKinney.
      6675 Mediterranean Dr, McKinney, TX 75072
      View Details
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    Swq Us-380 & Custer Rd
    McKinney, TX 75072
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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