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4156 N. Ridge Road
McKinney, TX 75071
Land For Sale · 5.00 AC

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INVESTMENT HIGHLIGHTS

  • Location, Location, Location

PROPERTY FACTS

Sale Type Investment
Sale Conditions
Sale Leaseback
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • General Freestanding
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Single Family Residence
Total Lot Size 5.00 AC
No. Stories 1

1 LOT AVAILABLE

Lot 17 A

Price $3,997,157 CAD
Price Per AC $799,431.40 CAD
Lot Size 5.00 AC

5 acres located approximately 100 yards from proposed Hwy 380 Bypass loop.

DESCRIPTION

Knock, Knock ! It is opportunity knocking. Huge opportunity to own a piece of one DFW's most up and coming devolvement areas in Prosper / McKinney area. This could be used for so many types of Development. Such as a Residential Development: Highland Lakes is a new 450-acre master planned community that is being built directly across the street with plans to build 1376 homes in it. Or it could be a Commercial Development: The new 380 bypass is going to be making its way approximately 100 yards to the south. This would be a great location for a strip shopping center to service all the new homes and the new 380 bypass loop. Residential use while land banking. What an amazing 1031 Exchange opportunity or just a simple land banking property. There is a very well loved 2444 sq. foot home on the property, built in 2001 this home is move in ready. With the horse stalls and other items on this property this property could fetch a pretty penny as a residential, farm and ranch lease property while the area develops even further.

  • Listing ID: 28940177

  • Date on Market: 2023-07-07

  • Last Updated:

  • Address: 4156 N. Ridge Road, McKinney, TX 75071

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