Current Use by Public Records
- Land
Property Details for 3700 University Dr
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of McKinney, Texas. Strategically located along the heavily trafficked US 380 highway, this property boasts excellent visibility and accessibility. The site is zoned for General Business District (flexible zoning), allowing for a wide array of retail and service establishments. Utilities are readily available to the site, simplifying development. The property is situated in the McKinney ISD school district and enjoys proximity to both downtown McKinney (under 7 miles) and downtown Princeton (under 4 miles). While the General Business zoning designation has a sunset clause (July 1, 2014), the existing zoning allows for a diverse range of commercial uses. Specific permitted uses are detailed in the city's zoning ordinance, including those listed in the Schedule of Uses. The lot offers flexibility in terms of building size and design, with no minimum lot area, width, or depth requirements. Side yard requirements are minimal (five feet when abutting a zone requiring a side yard; none when abutting other businesses). Maximum lot coverage is 95 percent, and the maximum floor area ratio is 2.0:1.0. This prime location and flexible zoning make this property ideal for a variety of commercial ventures. Don't miss this chance to secure a highly visible and accessible site in one of Texas's fastest-growing communities.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.5548
- Latitude
- 33.1915
