26ac Custer Rd McKinney, TX 75071
- Land
- 26.00 lot acres
Current Use by Public Records
- Land
Property Details for 26ac Custer Rd
- Lot size
- 26.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 26-acre property, located at 3550 N Custer Rd, McKinney, TX 75071, presents a unique investment opportunity. Situated in Collin County, this unzoned land boasts over 700 feet of road frontage on Custer Road, just one mile north of Highway 380, offering excellent visibility and accessibility. The property sits at the southeast corner of the intersection of Custer Road and 1st Street in Prosper, a strategic location given the projected future connection of 1st Street to Wilmeth Road, extending into McKinney. This connection is anticipated to run along the northern boundary of the land. The property's current status is within the extraterritorial jurisdiction (ETJ) of McKinney. The City of McKinney is currently exploring C2 zoning for the property should it be annexed. Adding to its versatility, the property includes a couple of existing homes that could be repurposed for commercial use. Priced at $16,998,500, this translates to $740,292.22 per acre, reflecting the significant development potential of this prime location. The property's size and location make it ideal for a variety of commercial and residential uses, subject to any future zoning changes. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area of Collin County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.7305
- Latitude
- 33.2361
