4701 County Road 168 McKinney, TX 75071
This exceptional 20.4-acre parcel in McKinney, Texas, presents a unique opportunity for commercial and/or residential development. Located at 4701 County Road 168, Collin County, zip code 75071, this level lot boasts a prime location, offering significant advantages for investors and developers. The property is surrounded by established large-scale residential communities, ensuring a strong existing market and potential for future growth. Its proximity to Myers Park & Event Center adds significant value and appeal. Strategically situated just east of Custer Road, south of the Collin County Outer Loop, and north of the 380 Bypass, this property enjoys excellent accessibility and visibility. A key advantage is its location one parcel away from the hard corner of two future six-lane roads: Ridge Road and Ownsby Parkway (FM 543). The property is further enhanced by its desirable features: it's completely level, free from high-voltage power lines, pipelines, and floodplains. The APN is 2056406. The asking price is $3,976,000. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with excellent infrastructure and development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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