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Collin 75071
3565 Fm 1461
$5,000,000
↑ $500K (11.1%)
House - For Sale

3565 Fm 1461

McKinney, TX 75071
bedrooms
Studio
bathrooms
0 Bath
$25,879
Estimated Monthly
0.03%
Cap Rate

About This Property

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.
Unit Size
-
Days on Market
488 days
Land Size
7.72 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,328
HOA Dues
-
Year Built
-

Listed By

Todd Milligan
Keller Williams Realty
Last updated: 3 months ago (NTREIS #20266053)

Price History

Date / Event Date Event Price
Oct 6, 2023 Price Increased $5,000,000
↑ $500K (11.1%)
Price Increased
Aug 29, 2023 Price Increased $4,500,000
↑ $375K (9.1%)
Price Increased
Feb 28, 2023 Listed by Designer Realty $4,125,000
Listed by Designer Realty
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…

Property Highlights

Air Conditioning
Exterior Details

Property Information

Frontage Feet: 432
Road Frontage Type: FM Road

Building Information

Other Structures: Outbuilding, Residence, RV/Boat Storage, Shed(s), Storage, Workshop, Workshop w/Electric

Lot Information

Acreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided
Lot Size Source: Assessor
Lot Size Acres: 7.7200
Financial Details
Unexempt Taxes: $15,936

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

3565 Farm To Market Rd 1461 3565 Farm To Market Rd 1461, Mckinney, TX 75071
  • 1 Unit for Sale
More about this Building
3565 Farm To Market Rd 1461
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About Collin


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