4685 University Dr Mckinney, TX 75071-4816
Property profile & analytics
4685 University Dr, Mckinney, TX 75071-4816
- Office buildings
- 6,712 SF
- 2.00 lot acres
Property ID
US82-3658852
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.
Location Intelligence
Current Use by Public Records
- Marc D Means: Allstate Insurance / Insurance Agency
- Moon Valley Nurseries / Garden Center / Landscaping
- Robert Mott / Alternative Medicine Practice
Property Details for 4685 University Dr
- Year built
- 1985
- Construction
- WOOD FRAME
- Lot size
- 2.00 lot acres
- Zone code
- COMM
- Property type
- Office buildings
- APN
- R-1233-001-0200-1
- APU
- R123300102001
Description
This exceptional investment opportunity presents a 15-year ground lease with Moon Valley Nurseries, a financially strong tenant with over 50 locations across seven states and annual sales exceeding $300 million. Located at 4685 W University Dr, McKinney, TX 75071, this 3,200 square foot storefront sits on a sizable 4-acre lot with excellent visibility on Highway 380 (50,900+ VPD), near the intersection of Highway 75 (237,200+ VPD). The property boasts a 5.85% cap rate, 100% occupancy, and a lease commencement date of March 15, 2024, expiring March 31, 2039. The lease includes a corporate guarantee, annual rent escalations of 2%, and two 5-year renewal options with 10% increases each. The building, constructed in 2024, features two highly visible pylon signs. The surrounding area showcases strong demographics, with average household incomes exceeding $160,800 within a 1-mile radius, and significant population growth (over 1,202% increase between 2000 and 2024). Nearby national retailers include Costco, Kroger, Home Depot, Lowe's, Target, and many more, indicating a thriving retail environment. The asking price is $5,982,000. This is a rare opportunity to acquire a stable, high-performing retail investment in a prime McKinney location. The property offers zero landlord responsibilities, making it an attractive, low-maintenance investment.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mckinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6746
- Latitude
- 33.2175
- 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
2022
$19,225
$1,045,440
$1,000
$1,046,440
-
$1,045,440
$1,000
$1,046,440
