Property Details:

County or Parish
Collin
Lot Size
1 to < 3 Acres
Lot Size (Acres)
1.8610
Lot Size Area
1.8610
Lot Size (Square Feet)
81065.1600
Zoning Description
Light and Heavy commercial

Interior Information:

Heating
None
Cooling
None
Flooring
None
Stories Total
1

Exterior Information:

Lot Features
Irregular Lot
Lot Size
1 to < 3 Acres
Acres
1.8610
Waterfront
No
Waterfront Features
Creek

Commercial Info:

Building Use
Industrial

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21388480

1005 E University Drive

McKinney, Texas
$500,000
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Type: Commercial Sale
Remarks: PRIME 1.861-ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY ON US 380 – McKINNEY, TX. Rare opportunity to acquire approximately 1.861 acres of commercially zoned land with 939 feet of frontage on US 380 in McKinney, Texas. Positioned along a major growth corridor, the property sees more than 44,000 vehicles per day, providing excellent visibility and exposure. The surrounding population base experienced 5.3% annual growth from 2020 to 2024, supporting the long-term potential of this location. The property is conveniently located 2.4 miles from McKinney National Airport (TKI), 1 mile from Highway 5, 2 miles from Highway 75, and 5 miles from the Sam Rayburn Tollway. Located at a signalized T-intersection, the property offers excellent visibility and an ideal location for signage and advertising exposure. It is also minutes from Princeton, Texas, one of the fastest-growing cities in America. The property is currently used as a welding shop and has previously been leased to tenants from time to time, offering an opportunity for an investor or owner-user to generate income while benefiting from the underlying land value. The existing improvements provide flexibility for continued use, leasing, or future redevelopment. The value is primarily in the land and its strategic US 380 location. Strong population growth, high traffic counts, excellent highway access, and surrounding development make this an attractive opportunity for an investor, developer, or business owner. Owner financing available with a minimum of 60% down. Key Highlights 1.861 ± acres 939 ± feet of US 380 frontage 44,000+ vehicles passing daily Dual commercial zoning Signalized T-intersection 5.3% annual population growth (2020–2024) 2.4 miles to McKinney National Airport 1 mile to Highway 5 2.6 miles to Highway 75 5 miles to Sam Rayburn Tollway Minutes from Princeton, TX Existing welding shop-business use Income-producing potential or future redevelopment Owner financing available – minimum 60% down
Active
Listed by: Daniel Cano
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Tony C Hager

Tony C Hager

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