9979 Virginia Pkwy McKinney, TX 75071
This exceptional 1.67-acre tract presents a compelling investment opportunity in the thriving city of McKinney, Texas. Situated within the city's extraterritorial jurisdiction (ETJ), this property offers significant development potential in a rapidly growing community. Conveniently located at a hard corner intersection of Virginia Parkway and Independence Parkway, the site boasts two access points and benefits from exceptionally high traffic volume, exceeding 47,000 vehicles daily. City water and sewer services are readily available, eliminating infrastructure concerns. The property is strategically positioned for easy access to major transportation arteries, including US-380 (just four minutes away), and within seven miles of both the Dallas North Tollway and US-75. This prime location makes it ideal for a diverse range of commercial or industrial ventures. There are no known restrictions on the property's use. The Collin County location and the readily available utilities make this a highly desirable parcel for investors seeking a strategic foothold in a dynamic market. The substantial traffic count ensures high visibility and accessibility for any future development.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.