205 Louisiana St Mckinney, TX 75069-4591
- Office buildings
- 29,680 SF
- 0.35 lot acres
Current Use by Public Records
- Puhl Law Group, PC / Family Law Attorney / Divorce Lawyer
- Law Office Of Scott M. Ruggiero, P.C. / Attorney
- Suzanne Wooten of North Texas Litigation Solutions / Mediation Service
- Abby Foster / Attorney
- Edward Jones - Financial Advisor: Dick Stevens, AAMS® / Financial Consultant / Finance Broker
Property Details for 205 Louisiana St
- Year built
- 2017
- Lot size
- 0.35 lot acres
- Property size
- 29,680 SF
- Property type
- Office buildings
- APN
- R-11682-00A-0010-1
- APU
- R1168200A00101
Description
This exceptional mixed-use property, located at 205 W Louisiana St in the heart of Historic Downtown McKinney, Texas (75069), presents a rare investment opportunity. The 29,680 square foot building, constructed in 2019, boasts a 6.50% cap rate and a $7,000,000 asking price, translating to $235.85 per square foot. Currently 100% occupied, the property comprises a diverse tenant mix including retail, a day spa, food and beverage establishments, and office spaces, along with a shared hotel component. A significant advantage is the inclusion of a private underground parking garage, a highly desirable amenity in this vibrant downtown area. The property's prime location within McKinney, a city renowned as one of Texas' premier downtowns attracting approximately 6,000,000 visitors annually, ensures strong rental income and future appreciation potential. The Collin County location and APN R-11682-00A-0010-1 further identify this unique asset. This is a turnkey investment ready to generate immediate returns.
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
- -96.617
- Latitude
- 33.197
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
