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Property profile & analytics
OFF-MARKET
Commercial real estate

4083 Fm 1461 McKinney, TX 75071

11.92 ac lot
Property ID
US83-4217259
Property summary
AI-generated overview

This exceptional 11.918-acre commercial property in Collin County, Texas, presents a prime investment opportunity. Located at 4083 FM1461, McKinney, TX 75071, this ETJ-zoned land boasts over 280 feet of frontage on Laud Howell Parkway, offering excellent visibility and accessibility. Future connection to Highway 75 is anticipated, enhancing its strategic location near major thoroughfares like the Outer Loop, 380, Lake Forest, and Preston Road. The property's value is primarily in the land itself, but also includes existing improvements: a four-bedroom, two-bathroom home with a three-car garage, a 30' x 40' shop with an overhead door, and a 60' x 55' animal barn. The shop area was previously used for a plumbing business, and depending on zoning, the home could potentially accommodate an office business. This location benefits from its proximity to thriving residential communities such as Highland Lakes, Painted Tree, and Aster Park, providing a strong potential customer base. The asking price for this significant commercial land parcel is $7,000,000.

Property profile
Verified
Property type Commercial real estate
Lot 11.92 ac (519,148 SF)
UPID US83-4217259
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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