Address
3565 Fm 1461, McKinney, TX
Price
$ 5,000,000
Property Attributes
- MLS#20266053
- TypeLand
- CountyCOLLIN
- CityMcKinney
- Zip75071
- StyleRanch
- Year Built1975
- Taxes$ 15936
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7.72 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.
| Elementary School |
|---|
| John A Baker Elementary School |
| Price History | |
|---|---|
| 2/28/2023 | Listed $4,125,000 |
General Features
| Development Status | Utilities Installed,Zoned |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available,City Water,Electricity Connected,Individual Water Meter,Propane,Septic |
| Possession | 60-90 Days |
| Easements | None |
| current use | Commercial,Retail |
| Restrictions | No Known Restriction(s) |
| School District | Prosper ISD |
| Exclusions | Excludes greenhouse's,above ground irrigation systems,storage shed,windmill,all nursery plants,trees,equipment,tools,and materials. |
| Year Built | 1975 |
| Documents Available | Survey |
| Unexempt Taxes | 15936 |
| Will Subdivide | Yes |
| Property SubType | Ranch |
| Subdivision Name | None |
| Possible Use | Commercial,Investment,Mini-Storage,Retail,Warehouse |
| Zoning Description | Commercial in ETJ |
| Occupant Type | Owner |
| County | Collin |
| Property Type | Land |
| HOA Type | None |
| Number Of Barns | 2 |
| Special Notes | Verify Tax Exemptions |
| Status | Active |
| 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 |
| City | McKinney |
| Buyer Agent Compensation | 2 |
| Elementary School Name | John A Baker |
| High School | Prosper |
| Street Name | Fm 1461 |
| Elementary School | John A Baker |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20266053 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|
Exterior Features
| Exterior Features | RV/Boat Parking,Stable/Barn |
|---|---|
| Lot Features | Acreage,Agricultural,Corner Lot,Level,Many Trees,Sprinkler System,Undivided |
| Fencing | Gate,Wrought Iron |
| Horse Amenities | Barn(s),Equipment Barn,Stable(s) |
| Other Structures | Outbuilding,Residence,RV/Boat Storage,Shed(s),Storage,Workshop,Workshop w/Electric |
| Lot Size Source | Assessor |
| Lot Size | 5 to < 10 Acres |
| Frontage Feet | 432 |
| Lot Size Area | 7.7200 |
| Lot Size Units | Acres |
| Road Frontage Type | FM Road |
| Lot Size Square Feet | 336283.2000 |
| Lot Size Acres | 7.7200 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 75071
Price
Taxes
Visits
Year Built
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