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Property profile & analytics
OFF-MARKET
Land

& Spur 399 Medical Center Dr McKinney, TX 75069

1.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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