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Property profile & analytics
OFF-MARKET
Commercial real estate

2236 University Dr McKinney, TX 75069

9.95 ac lot
Property ID
US83-3708186
Property summary
AI-generated overview

This exceptional 9.952-acre commercial land parcel presents a prime investment opportunity in McKinney, Texas. Located on East University Drive (Highway 380), this property boasts convenient road access and sits within city limits. Currently zoned for potential commercial development, including light to heavy industry uses, and even an RV park, this versatile site offers significant upside. The property includes existing improvements: a 3,709 square foot home and a 4,000 square foot barn/workshop, which could be repurposed for office space or other commercial uses. Utilities are already on-site. Note that approximately 136 feet of the property was acquired by TXDOT as part of the US 380 expansion to a six-lane highway. The remaining acreage is ideal for future development, offering excellent visibility and accessibility. The property is ag-exempt and features additional amenities such as a pool and pond. Its proximity to McKinney National Airport further enhances its appeal. All information, including measurements, should be independently verified by the buyer. This is a rare opportunity to acquire a substantial commercial tract in a rapidly growing area of Collin County. The asking price is $2,100,000.

Property profile
Verified
Property type Commercial real estate
Lot 9.95 ac (433,509 SF)
UPID US83-3708186
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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