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Property profile & analytics

3550 University Dr Mckinney, TX 75071-2933

  • Commercial real estate
  • 55,000 SF
  • 4.63 lot acres
OFF-MARKET
Last Sale
May 31, 2022
Value Estimations
$2,440,000
Cap Rate Potential
Location Intelligence
Property ID
US83-0912147
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

  • Hobby Lobby / (Bike/Boat/Book/etc) Store
  • Petco / (Bike/Boat/Book/etc) Store / Pet Store
  • Petco Dog Training / Animal Training
  • Petco Vaccination Clinic / Veterinary Clinic
  • Ivan Smith Furniture / Furniture & Home Goods / Home Decor Store

Property Details for 3550 University Dr

Year built
2018
Lot size
4.63 lot acres
Property size
55,000 SF
Property type
Commercial real estate
APN
R-11213-00A-04R2-1
APU
R1121300A04R21

Description

This exceptional retail property, located at 3550 W University Dr in McKinney, Texas, presents a significant opportunity for a discerning tenant. The building boasts a substantial 32,800 square feet of vacant space, ideal for a large-format retailer or a business requiring significant space. The property is situated on a generous 2.32-acre lot, offering ample room for expansion, parking, or outdoor displays. The property's single-tenant occupancy ensures complete control and flexibility for the lessee. The building's previous use as a furniture store suggests a layout suitable for showcasing merchandise, with potentially adaptable interior spaces. The property is conveniently located in Collin County, Texas, within the vibrant city of McKinney, offering excellent access to major transportation routes and a thriving local market. The zip code is 75071. This is a rare opportunity to secure a large, high-visibility retail space in a desirable location. The property is available for lease and offers a blank canvas for a business to establish a strong presence in the McKinney market. The property type is classified as retail commercial. The total building square footage is 32,800 square feet, all of which is currently vacant. This presents a unique chance to customize the space to perfectly meet the needs of a new tenant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mckinney
County
Collin
State
Texas
Longitude
-96.6562
Latitude
33.219
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
$145,033
$2,016,828
$6,533,172
$8,550,000
-
$2,016,828
$6,533,172
$8,550,000
More about this property
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