3550 Custer Rd McKinney, TX 75071
- Commercial real estate
- 1,318,570 SF
- 30.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3550 Custer Rd
- Lot size
- 30.27 lot acres
- Property size
- 1,318,570 SF
- Property type
- Commercial real estate
Description
This exceptional 30.27-acre mixed-use property in Collin County, Texas, presents a compelling investment opportunity. Located at 3550 N Custer Rd, McKinney, TX 75071, this expansive parcel boasts over 700 feet of road frontage on Custer Road, just one mile north of Highway 380. Its strategic location in the Extra-Territorial Jurisdiction (ETJ) of McKinney, at the southeast corner of the intersection of Custer Road and 1st Street in Prosper, offers significant potential for future development. The property's northern boundary is projected to align with the future extension of Prosper's 1st Street, connecting to Wilmeth Road and extending into McKinney. Currently, the land includes a couple of existing residences suitable for potential commercial repurposing. The City of McKinney is exploring a C2 zoning designation upon annexation, further enhancing the property's versatility and value. The total square footage is 1,318,570, with an asking price of $19,775,000, resulting in a price per square foot of $15. The permitted zoning is ETJ. This property offers a unique blend of residential and commercial potential in a rapidly developing area, making it an attractive investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.730008
- Latitude
- 33.23604
