$4,200,000
For Sale

3565 Fm 1461

McKinney, TX 75071
Browse 22 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Utility FeaturesCable Available, City Water, Electricity Connected, Individual Water Meter, Propane, Septic
      • Lot DescriptionAcreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided
      • Exterior MaterialsRV/Boat Parking, Stable/Barn
      • Elementary SchoolJohn A Baker
      • School DistrictProsper ISD
      • Property TypePurchase
      • MLS #20865287
      • MLS #20865287
      • Cost4200000
      • Acres7.7200
      • CountyCollin
      • Property SubtypeRanch
      • Year Built1975

Location

Brenda MancilBrenda Mancil REALTOR®
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