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Property profile & analytics

2800 Virginia Pkwy Mckinney, TX 75071-3444

  • Commercial real estate
  • 4,837 SF
  • 2.55 lot acres
OFF-MARKET
Last Sale
Sep 25, 2024
Value Estimations
$800,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-3832920
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • BancorpSouth Bank / Bank / Loan Service
  • Expert Barber Beauty / Barber Shop
  • Expert Barber Beauty School / Vocational School / Training Center
  • WOO HEADSPA & SKINCARE / Spa & Massage Center

Property Details for 2800 Virginia Pkwy

Year built
1996
Lot size
2.55 lot acres
Property size
4,837 SF
Zone code
SFR
Property type
Commercial real estate
APN
R-3180-00B-0010-1
APU
R318000B00101

Description

This exceptional 4,837 square foot retail property, located at 2800 Virginia Pkwy in McKinney, Texas, presents a unique investment opportunity. Situated in Collin County, zip code 75071, this single-tenant building offers significant potential for a variety of retail uses. Previously operating as a bank, the space boasts a well-established layout and high-quality finishes, ready for immediate occupancy. The building's prominent location on Virginia Parkway ensures high visibility and accessibility, attracting significant foot traffic and driving potential customer engagement. The property is available for both sale and lease, providing flexibility for prospective buyers and tenants. Detailed floor plans and specifications are available upon request. This is an excellent opportunity to acquire a well-maintained, strategically located retail space in a thriving McKinney market. The property's history as a bank suggests a strong structural foundation and secure build quality. Its single-tenant occupancy simplifies management and leasing processes. Don't miss this chance to secure a prime retail location in one of Texas's fastest-growing cities. Contact us today to schedule a viewing and explore the possibilities. The property's coordinates are 33.1994876 latitude and -96.6555017 longitude.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,195,000
    6.5%
    $1,105,000
    7%
    $1,025,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $832,000
    Market price range: $239k - $833k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mckinney
County
Collin
State
Texas
Longitude
-96.6554
Latitude
33.1997
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,399
$1,755,676
$665,937
$2,421,613
-
$1,755,676
$665,937
$2,421,613
More about this property
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