4001 University DrMcKinney, TX 75071

  • Commercial land
  • 1.07 AC
For Lease

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
4001 University Dr, McKinney, Texas

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

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
$22,502
$1,122,803
-
$1,122,803
-
$1,122,803
-
$1,122,803

FAQs

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