8301 University DrMcKinney, TX 75071

  • Commercial real estate
  • 1,200 SF
For Sale
$995,000 View listing

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
8301 University Dr, McKinney, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,646
$271,814
$34,210
$306,024
-
$271,814
$34,210
$306,024

FAQs

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