3565 Fm 1461, McKinney TX, 75071
(Active)
$5,000,000
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MLS# 20266053
Last Updated: 5/17/2024 1:39 PM
Description for
3565 Fm 1461
McKinney, TX 75071
INCREDIBLE COMMERCIAL LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one a kind commercial land opportunity.
Price
$5,000,000
None
Collin
20266053
Active
Description
INCREDIBLE COMMERCIAL LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one a kind commercial land opportunity.
Listing Information
| Property Type: Farm, Ranch, Ranch | ||
| 7.72 Acres | 1975 | Commercial, Investment, Mini-Storage, Retail, Warehouse |
None
Public
Septic Tank
Cable Available, Electricity Connected, Propane
Commercial, Retail
Neighborhood
School Information
| District: Prosper ISD | ||
| John A Baker | Lorene Rogers | Prosper |
Room Information
Interior Features
Central Air, Electric
Electric Heating,
Central
Exterior / Lot Features
Front - 432
Commercial in ETJ
Agricultural, Corner Lot, Level, Many Trees
Driving Directions
From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461 and Baxter Well Road.
Financial Considerations
| R683800006601 |
| $15,936 |
Listing Price History
McKinney Real Estate
McKinney is located in Texas. McKinney, Texas 75071 has a population of 202,420.
The median household income in McKinney, Texas 75071 is $106,565. The median household income for the surrounding county is $101,845 compared to the national median of $66,222. The median age of people living in McKinney 75071 is 37 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/1/2024 | Active | $5,000,000 USD |
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| 1/29/2024 | Pending | $5,000,000 USD |
|
| 10/5/2023 | Active | $5,000,000 USD 11.11% |
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| 8/28/2023 | Active | $4,500,000 USD 9.09% |
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| 2/27/2023 | Active | $4,125,000 USD |
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