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Certaines informations ont été traduites automatiquement.

Informations principales sur l'investissement

  • The 1.5+/- acre Site is strategically located approximately 4 miles east of the Dallas North Tollway in McKinney, near the border of Frisco.
  • The Site is zoned C2, which allows for mid-sized, medium intensity commercial, retail, office, service oriented, and professional uses.
  • Market rent in the McKinney retail submarket per CoStar has grown by 4.3% within the last year and is expected to continue to grow. 
  • The Site is located between several single-family developments, with a one-mile median household income of $189,000.
  • The zoning allows for a maximum height of 3 stories and 45 feet.
  • The Property is situated at the southwest hard corner of Virginia Parkway and Independence Parkway allowing for unparalleled visibility and access.

Pièces jointes

mckinney flyer

Informations sur l’immeuble

Prix 1 957 766 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Commercial
Surface totale du lot 0,61 ha
Zonage C2 - Local Commercial District

1 Lot disponible

Lot

Prix 1 957 766 €
Prix par ha 3 225 162,92 €
Surface du lot 0,61 ha

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase a 1.5+/- acre commercial development site out of a larger 2.5+/- acre Site located at 10021 Virginia Parkway in McKinney, TX (the “Site”). The Site is currently zoned C-2 (Local Commercial District) creating the opportunity for a variety of commercial uses for a potential purchaser. Its prime location at the hard corner of Virginia Parkway and Independence Parkway offers excellent visibility and easy access, making it a highly desirable development Site. The Dallas North Tollway is located approximately 4 miles west of the Site, US 75 is approximately 6.5 miles to the East, and US 380 is less than a mile to the North. The Site is located at a busy intersection with no existing retail. The locations demographics are extremely strong, with a one-mile median household income of $189,000 and a one-mile median home value of $658,333. This is an excellent opportunity to acquire a hard corner in one of the fastest growing markets in Texas at a price of $35 psf. Note that 1+/- acre of the larger 2.5+/- acre Site is currently under contract thus leaving the remaining 1.5+/- acres for sale. A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • ID de l’annonce: 35922219

  • Date de mise sur le marché: 20/05/2025

  • Dernière mise à jour:

  • Adresse: 10021 Virginia Pkwy, McKinney, TX 75072

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