3565 Fm 1461, McKinney, TX 75071
- $4,200,000
- List Price
- $4,200,000
- Price Change
- ▼ $800,000 1741462753
- MLS#
- 20865287
- Status
- PENDING
- Type
- Land
- Subtype
- Land
- Year Built
- 1975
- Acres
- 7.72
- County
- Collin
- City
- McKinney
Property Description
INCREDIBLE MULTI USE POTENTIAL OPPORTUNITY 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. The land is in a perfect location on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is currently zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect opportunity for COMMERCIAL, STORAGE, RETAIL, or MULTI-FAMILY TYPE HOUSING 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 of a kind land opportunity.
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Additional Information
- Unexempt Taxes
- $15,936
- Lot Size
- 336,283
- Acres
- 7.72
- Lot Description
- Agricultural, Corner Lot, Level, Trees, Sprinkler System-Yard
- Parking Garage
- Rv/Boat Parking, Rv/Boat Parking
- School District
- Prosper Isd
- Elementary School
- John A Baker
- Middle School
- Lorene Rogers
- High School
- Prosper
- Possession
- ClosePlus60To90Days
- Proposed Use
- Commercial, Investment, Storage, Retail, Warehouse
Mortgage Calculator
Listing courtesy of Todd Milligan from Designer Realty. Contact: 972-533-4422