4001 University DrMcKinney, TX 75071
- Commercial land
- 1.07 AC
Property Details for 4001 University Dr
- Year built
- 2023
- Lot size
- 1.07 AC
- Zone code
- COMM
- Property type
- Commercial land
- APN
- R-1459-00A-0020-1
- APU
- R145900A00201
Description
This exceptional 7,150 square foot single-tenant retail or restaurant space is ideally situated at 4001 W University Dr in McKinney, Texas, within Collin County. The property boasts a highly visible location, benefiting from its placement at the intersection of Highway 380 and Hardin Boulevard, a dominant retail, restaurant, and entertainment hub in McKinney. This area generates over $250 million in retail sales annually, reflecting a thriving and dynamic commercial environment. The property's strategic location is further enhanced by the ongoing residential growth surrounding the intersection, ensuring a consistent flow of potential customers. The entire 7,150 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this high-traffic area. The property's classification as both retail and restaurant space offers flexibility for a wide range of businesses. The zip code is 75071. This property presents a compelling investment opportunity for businesses seeking to capitalize on McKinney's robust economic growth and prime retail corridor. The address is easily accessible and benefits from high visibility, making it an ideal location for attracting customers. The property's size and location make it suitable for a variety of retail or restaurant concepts.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,792,812
- Hospitality
- $10,802,153
- Educational
- $8,987,264
- Medical
- $9,296,350
- Retail
- $13,980,189
Location Insight
- City
- Mckinney
- County
- Collin
- State
- Texas
- Latitude
- 33.217
- Longitude
- -96.6647
- 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
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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