0 Sec Lk Frst Dr & Mckinney Rnch Pkwy, McKinney, TX 75070
This exceptional commercial land offering, known as LAKE FOREST COMMONS, presents a unique investment opportunity in the thriving city of McKinney, Texas. Located at the signalized intersection of Lake Forest Drive and McKinney Ranch Parkway, this property boasts a highly visible location directly across from a Walmart Supercenter and less than a mile from the heavily trafficked TX-121 highway. The site encompasses between one and two acres of land zoned C-3, allowing for a wide range of commercial uses. Development plans include pad sites available for sale, ground lease, or build-to-suit options, all delivered pad-ready. The C-3 zoning permits a variety of uses, including retail, restaurants, quick-service restaurants (QSRs), gas stations, automotive businesses, fitness centers, and daycare facilities. Two existing buildings are also available for lease, one approximately 9,500 square feet and the other approximately 10,500 square feet, with an estimated delivery date of Q1 2025. This prime location, coupled with the flexibility of available options and the high-traffic area, makes LAKE FOREST COMMONS an ideal investment for businesses seeking strong visibility and accessibility. Contact for pricing and further details.
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.