8301 University DrMcKinney, TX 75071
- Commercial real estate
- 1,200 SF
Property Details for 8301 University Dr
- Year built
- 1985
- Lot size
- 1.04 AC
- Property size (Sq ft)
- 1,200 SF
- Property type
- Commercial real estate
- APN
- R-6995-000-0100-1
- APU
- R699500001001
Description
This exceptional commercial property located at 8301 W University Drive, McKinney, TX, presents a unique investment opportunity. The property boasts a prime 1.04-acre lot with unparalleled visibility and accessibility from Highway 380, ensuring high traffic exposure for your business. The existing 1,200 square foot building offers versatile space suitable for a variety of uses, including retail, office space, or storage. Its adaptable layout allows for customization to meet diverse business needs. The property benefits from its strategic location within a rapidly expanding area of McKinney, surrounded by a dense residential population and thriving commercial development, including significant anchor stores. This high-traffic location guarantees substantial visibility and accessibility for customers and clients. The combination of a prime location, ample space, and high visibility makes this property an ideal investment for businesses seeking to establish a strong presence in a booming market. This is a rare opportunity to secure a strategic position in a rapidly growing commercial corridor with exceptional potential for long-term growth and profitability. The property is priced at $995,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $302,490
- Hospitality
- $277,079
- Educational
- $230,526
- Medical
- $238,455
- Retail
- $358,597
Location Insight
- City
- Mckinney
- County
- Collin
- State
- Texas
- Latitude
- 33.218
- Longitude
- -96.7242
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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