1005 E University Drive, McKinney, Texas

Description

PRIME 1.861-ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY ON US 380 – McKINNEY, TX. Rare opportunity to acquire approximately 1.861 acres of commercially zoned land with 939 feet of frontage on US 380 in McKinney, Texas. Positioned along a major growth corridor, the property sees more than 44,000 vehicles per day, providing excellent visibility and exposure. The surrounding population base experienced 5.3% annual growth from 2020 to 2024, supporting the long-term potential of this location. The property is conveniently located 2.4 miles from McKinney National Airport (TKI), 1 mile from Highway 5, 2 miles from Highway 75, and 5 miles from the Sam Rayburn Tollway. Located at a signalized T-intersection, the property offers excellent visibility and an ideal location for signage and advertising exposure. It is also minutes from Princeton, Texas, one of the fastest-growing cities in America. The property is currently used as a welding shop and has previously been leased to tenants from time to time, offering an opportunity for an investor or owner-user to generate income while benefiting from the underlying land value. The existing improvements provide flexibility for continued use, leasing, or future redevelopment. The value is primarily in the land and its strategic US 380 location. Strong population growth, high traffic counts, excellent highway access, and surrounding development make this an attractive opportunity for an investor, developer, or business owner. Owner financing available with a minimum of 60% down.

Key Highlights

1.861 ± acres

939 ± feet of US 380 frontage

44,000+ vehicles passing daily

Dual commercial zoning

Signalized T-intersection

5.3% annual population growth (2020–2024)

2.4 miles to McKinney National Airport

1 mile to Highway 5

2.6 miles to Highway 75

5 miles to Sam Rayburn Tollway

Minutes from Princeton, TX

Existing welding shop-business use

Income-producing potential or future redevelopment

Owner financing available – minimum 60% down

Directions: Use GPS