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7605 Virginia Pky
McKinney, TX 75071
Terrain À vendre
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2,02 AC


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Résumé de l'annonce
2.02-acre improved land parcel located at 7605 Virginia Pkwy, McKinney, TX 75071
Existing structure on-site formerly entitled for daycare use under PD 1621 with a Specific Use Permit (SUP)
Building layout, parking, and access points are well-suited for institutional or commercial adaptive reuse
Dual frontage along Virginia Parkway and Ballantrae Drive providing excellent visibility and convenient ingress/egress
Fully serviced urban infill location with all utilities in place — no known extension requirements
Minimal additional entitlement work required; original SUP site plans can be reused with minor modifications
Highest & Best Use
Daycare or childcare facility (previously entitled)
Montessori school or private educational facility
Private medical clinic or medical office
Church annex or faith-based institutional use
Other low-intensity, community-serving commercial uses
Location & Demographics
Situated in north McKinney within an established, family-dense residential corridor
Surrounded by residential subdivisions, faith institutions, and educational facilities
McKinney is one of the fastest-growing cities in Texas with an estimated 2026 population of approximately 242,000 — up over 22% since the 2020 census
Median household income in McKinney exceeds $120,000, reflecting a strong consumer base
Median age of approximately 36.9 years, indicating a high concentration of young families and working professionals
McKinney's 75071 zip code alone is forecasted to reach approximately 73,600+ residents, generating sustained demand for housing and services
Economic Drivers
McKinney ISD — major school district supporting residential demand
Medical City McKinney — significant healthcare employer and anchor institution
Raytheon Intelligence & Space — major defense and technology employer
Baylor Scott & White Medical Center — McKinney
Proximity to US-75 and SH-121 provides regional connectivity to the broader DFW Metroplex
Market Timing & Investment Commentary
Demand for smaller-scale institutional and commercial infill sites remains strong, especially in McKinney's family-dense residential zones
McKinney's continued northward expansion includes high-end residential development, infrastructure investments, and growing demand for services catering to young families
Daycare, education, and medical office users are actively seeking space in this corridor
Property's existing entitlements and location make it competitive for near-term occupancy or repositioning
Faits sur la propriété
1 Lot disponible
Lot
| Taille du lot | 2,02 AC |
| Taille du lot | 2,02 AC |
2.02-acre site on Virginia Pkwy in McKinney, TX. Includes dilapidated structure to be demolished. Ideal for adaptive reuse — daycare, school, medical office, or community use. Dual frontage, full utilities, excellent visibility and access.
Description
7605 Virginia Parkway presents a compelling acquisition opportunity for investors, owner-users, and developers seeking an improved 2.02-acre site in one of the fastest-growing cities in the Dallas-Fort Worth Metroplex. Located in north McKinney along the established Virginia Parkway corridor, this property offers an existing structure formerly entitled for daycare use, full utility infrastructure, and dual frontage on both Virginia Parkway and Ballantrae Drive. The site is zoned PD 1621 (Planned Development) and carries a Specific Use Permit (SUP) for daycare operations. The existing building layout, on-site parking, and access points are all conducive to institutional or commercial adaptive reuse, making the property an ideal candidate for a daycare or childcare center, Montessori school, private medical clinic, church annex, or other low-intensity community-serving use. Minimal additional entitlement work is anticipated, and the original SUP site plans can be leveraged with only minor modifications — significantly reducing time-to-occupancy for a new operator or tenant. From an infrastructure standpoint, this is a fully serviced urban infill location. All utilities are in place with no known extension requirements, eliminating a major cost and timeline variable for prospective buyers. The dual frontage configuration provides excellent visibility for signage and branding while offering convenient ingress and egress for daily traffic, a critical consideration for uses such as daycare and medical office where drop-off and pick-up patterns drive site design. The surrounding area is defined by established residential subdivisions, faith institutions, and other educational facilities — a land use mix that naturally supports and generates demand for the types of services best suited to this property. McKinney's northward expansion continues to bring high-end residential development, new infrastructure investment, and a deepening pool of families and working professionals seeking nearby amenities. McKinney's demographic profile underscores the strength of this location. The city's estimated 2026 population is approximately 242,000, reflecting growth of over 22% since the 2020 census. The median household income exceeds $120,000, and the median resident age is approximately 36.9 years — a profile that skews heavily toward young, dual-income families with children. These are precisely the households that drive demand for daycare, private education, pediatric and family medical services, and faith-based community programming. Major employers anchoring the local economy include McKinney ISD, Medical City McKinney, Raytheon Intelligence & Space, and Baylor Scott & White Medical Center, all of which contribute to stable population growth and sustained real estate demand. The property also benefits from regional connectivity via US-75 and SH-121, linking McKinney to the broader DFW Metroplex employment centers in Plano, Frisco, Allen, and Richardson. Market timing is favorable. Demand for smaller-scale institutional and commercial infill sites remains consistent across McKinney's family-dense residential zones, and active users in the daycare, education, and medical office sectors are currently seeking space in this corridor. The combination of an existing improved site, in-place entitlements, and a strong demographic tailwind positions 7605 Virginia Parkway as a competitive opportunity for near-term occupancy or strategic repositioning.
