3300 Mcdonald St McKinney, TX 75071
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.