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Property profile & analytics
OFF-MARKET
Commercial real estate

3300 Mcdonald St McKinney, TX 75071

1.25 ac lot
Property ID
US82-2551887
Property summary
AI-generated overview

This exceptional 1.25-acre commercial land parcel presents a rare opportunity in the thriving East McKinney market. Situated at the highly visible northwest hard corner of State Highway 5 (McDonald Street) and Wilmeth Road, this property boasts a prime location with excellent access and visibility. The site benefits from existing drive approaches on both Wilmeth Road and SH 5, along with established cross/shared access easements. All utilities are in place, except for sanitary sewer, which is conveniently located across SH 5. Zoned for Light Industrial use, this versatile property allows a wide range of permitted uses, including fuel stations, quick-service restaurants (QSR), automotive businesses, industrial facilities, and general commercial ventures. Importantly, the property is zoned to permit off-premise liquor sales, a significant advantage given McKinney's recent designation as a "wet" city. This is the first site south of the McKinney/Melissa city limits line suitable for this purpose. The broad zoning classification offers considerable flexibility for development. Further enhancing its appeal, Wilmeth Road is scheduled for eastward extension beyond SH 5 within the next 18 months, promising increased traffic flow and enhanced accessibility. No on-site detention is required, simplifying the development process. The signalized intersection ensures optimal visibility and convenient access for customers and employees. This ideal tract size is ready for immediate development.

Property profile
Verified
Property type Commercial real estate
Lot 1.25 ac (54,450 SF)
APN 2582492
UPID US82-2551887
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
Current use
Occupant on record · Public records
  • Kinwood Apartments Apartment Complex
  • Mamita's Hardware & Home Improvement
  • Picerne Development Corporation Apartment Building
  • ASAP Mobile Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
  • GP fashion and accessories Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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