321 Central ExpyMcKinney, TX 75070

Property Details for 321 Central Expy

Year built

1984

Lot size

4.06 AC

Property size (Sq ft)

49,682 SF

Zone code

C

Property type

Office buildings

APN

R-1681-00A-001R-1

APU

R168100A001R1

Description

This exceptional office building, located at 321 N Central Expressway in McKinney, Texas, offers a variety of spaces to suit diverse business needs. The property boasts a total of 49,562 square feet spread across three floors, providing ample room for growth and expansion. The building features a striking reinforced concrete structure with a sophisticated glass and marble exterior, creating a professional and welcoming atmosphere. With a convenient location on the northwest corner of US 75 and Virginia Parkway, this property offers unparalleled accessibility and visibility. The building is equipped with two elevators for efficient vertical transportation. Multiple tenancy options are available, ranging from a minimum of 241 square feet to a maximum contiguous space of 3,187 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $10,941,297

  6.5%

  $10,099,659

  7%

  $9,378,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,266,566

  Geo Method

  $5,977,738

• Alternative Use

  Use

  Valuation

  Residential

  $12,523,577

  Hospitality

  $11,471,529

  Educational

  $9,544,177

  Medical

  $9,872,416

  Retail

  $14,846,498

Location Insight

City

Mckinney

County

Collin

State

Texas

Latitude

33.1999

Longitude

-96.6402

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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