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3565 Fm 1461 McKinney, TX $ 5,000,000
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$ 5,000,000 Get more info
3565 Fm 1461
$ 5,000,000
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3565 Fm 1461

McKinney, TX, 75071
$ 5,000,000
Baths0.0

Monthly Estimate*

$ 34,926

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Studio

Lots and Land for sale in McKinney, TX

for $5,000,000. This property was built in 1975 on a lot size of 7.72.

INCREDIBLE COMMERCIAL 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. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities 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 a kind commercial land opportunity.

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Lots and Land Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 15,936

Style

Ranch

Lot Size

7.72

Year Built

1975

Town/City

McKinney

County/Region

Collin

MLS | Web ID

20266053
Features
General
Development Status Utilities Installed Zoned
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available City Water Electricity Connected Individual Water Meter Propane Septic
Possession 60-90 Days
current use Commercial Retail
Restrictions No Known Restriction(s)
School District Prosper ISD
Exclusions Excludes greenhouse's above ground irrigation systems storage shed windmill all nursery plants trees equipment tools and materials.
Year Built 1975
Property SubType Ranch
Subdivision Name None
Occupant Type Owner
County Collin
Property Type Land
HOA Type None
Special Notes Verify Tax Exemptions
Status Active
Directions From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461
City McKinney
Buyer Agent Compensation 2
Elementary School Name John A Baker
High School Prosper
Street Name Fm 1461
Elementary School John A Baker
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Exterior Features RV/Boat Parking Stable/Barn
Lot Features Acreage Agricultural Corner Lot Level Many Trees Sprinkler System Undivided
Fencing Gate Wrought Iron
Other Structures Outbuilding Residence RV/Boat Storage Shed(s) Storage Workshop Workshop w/Electric
Lot Size Source Assessor
Lot Size 5 to < 10 Acres
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Internal Only
Street Number 1 3565
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* Excluded Features
List By
Todd Milligan

Listing Agent

Designer Realty

Broker

Affordability Calculator

$36,254
Per Month
96%
4%
0%
Monthly Principal & Interest
$34,926
Monthly Property Taxes
$1,328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
285715 Elementary School
3676606 Middle School
See complete school information
Pricing History
Date Price Price Change Description
2/28/2023 $4,125,000 Listed Price

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3565 Fm 1461, McKinney, TX, 75071 is a Lots and Land for sale at $5,000,000 with a lot size of 7.72. 3565 Fm 1461 is a studio with 0.0 baths and was built in 1975. The property's zip code is 75071 which is in McKinney, TX

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