2800 Virginia Pkwy Mckinney, TX 75071-3444
- Commercial real estate
- 4,837 SF
- 2.55 lot acres
Sep 25, 2024
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
-
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
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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