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Investment Highlights

  • 6.09 acres with 382+ linear feet of dual frontage on US Highway 380 (44,432 VPD per 2023 TXDOT) and County Road 407
  • Airport Growth - Under 3 miles from McKinney National Airport's new $72M terminal expansion project, driving future development and value appreciation
  • Current agricultural exemption produces minimal annual taxes
  • No zoning restrictions, Not in ETJ. Permits retail, flex industrial, self-storage, mixed-use, or outside storage development without city re-zoning
  • 5-mile trade area growing at 5.3% annually; projected population 90,018 by 2029; median age 36.5; strong $200K+ household income concentration
  • Site is not in a FEMA flood zone; water and electricity available on site

Executive Summary

Contact Joseph Gozlan at (903) 600-0616 or Joseph@EBGTexas.com for the full property package, including survey, recent phase I study, Geotechnical Study and development scenario analysis.

Property Facts

Price $5,199,610 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 6.09 AC
Zoning Outside city limits - No zoning, Not in ETJ. Property is outside city limits and is not subject to municipal zoning ordinances.

1 Lot Available

Lot

Price $5,199,610 CAD
Price Per AC $853,794.71 CAD
Lot Size 6.09 AC

This 6.09AC parcel offers over 382' of frontage along both US Highway 380 (44,432 VPD) and County Road 407 outside the city, providing outstanding visibility and accessibility. Maximum flexibility for dev. with no current zoning restrictions.

Description

This 6.09-acre parcel offers a dual-frontage position on US Highway 380 and County Road 407 in McKinney's extraterritorial jurisdiction, with 382 linear feet of combined frontage on one of Collin County's primary east-west arterials. US 380 carries 44,432 vehicles per day per 2023 TXDOT data, providing the traffic exposure required for retail, food service, convenience-oriented commercial development, and service operators who depend on high daily pass-through volume. The out of city limits location (no ETJ) carries no municipal zoning restrictions, allowing a developer to proceed with retail, flex industrial, self-storage, mixed-use, or outside storage uses without requiring city re-zoning. This flexibility, combined with the dual-road frontage, positions the site for multiple development scenarios, and allows a buyer to commit to purchase before finalizing a specific use program. The property's most significant value catalyst is McKinney National Airport, 2.6 miles away. A $72 million terminal expansion is currently in construction, intended to increase the airport's commercial service capacity and attract corporate and passenger aviation activity. Airports at this scale and growth trajectory historically drive hotel, rental car, flex industrial, fuel, and convenience commercial demand within a 3-mile radius. The US-380 corridor is the logical development beneficiary. The 5-mile trade is growing at a 5.3% annual rate. The median household age of 36.5 and a concentration of households in the $100K-$200K+ income range create demand for the retail and service commercial categories that thrive in high-growth Collin County corridors. The property carries a current agricultural exemption, resulting in minimal annual property taxes. The site is not in a FEMA-designated flood zone. Water and electricity available on-site.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 34776777

  • Date on Market: 2025-02-10

  • Last Updated:

  • Address: 2855 Co 407 rd, McKinney, TX 75071

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