& Spur 399 Medical Center Dr McKinney, TX 75069
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving city of McKinney, Texas. Strategically located at the intersection of Medical Center Drive and Spur 399 (also known as South McDonald Street), this property boasts significant visibility and accessibility. The site is zoned "C" – Planned Center, allowing for a variety of commercial uses including retail, office, and medical facilities. With approximately 33,000 vehicles passing daily on Spur 399 and approximately 50,000 vehicles daily on Highway 121, this location offers unparalleled exposure to a large and diverse customer base. Utilities are readily available, simplifying the development process. The property's advantageous position near the Southgate Development, Collin College, and Medical City Hospital further enhances its appeal and potential for strong returns. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in one of Texas's fastest-growing cities. The asking price for this prime location is $1,000,000. Don't miss this chance to capitalize on the significant growth and development occurring in McKinney, Collin County.
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
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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.