7290 Virginia PkwyMcKinney, TX 75071

  • Office buildings
  • 56,001 SF
For Lease
$25.50/SF/YR View listing

Property Details for 7290 Virginia Pkwy

Year built
2007
Lot size
3.87 AC
Property size (Sq ft)
56,001 SF
Zone code
COMM
Property type
Office buildings
APN
R-4932-00B-001R-1
APU
R493200B001R1

Description

This exceptional office opportunity is located at 7290 Virginia Parkway in McKinney's prestigious Stonebridge Ranch subdivision. The property boasts a prime location just west of Stonebridge Drive, offering unparalleled accessibility to thousands of residents. This Class B, three-building complex, constructed in 2008, features a total of 54,155 square feet of office space, with multiple tenancies available. Currently, 11,840 square feet of vacant space is available, divisible into units ranging from a minimum of 1,341 square feet to a maximum contiguous space of 4,323 square feet. The property is zoned PD-Office/Retail, providing flexibility for various business types. Enjoy stunning views of the Stonebridge Ranch Country Club's Pete Dye golf course from the rear offices, and benefit from the proximity to the vibrant mixed-use Adriatica development across the street. The complex offers ample parking with 155 spaces distributed across its three, three-story buildings. This is an ideal location for businesses seeking a high-profile address in a thriving community. The property's central location within Stonebridge Ranch ensures easy access for employees and clients alike. Don't miss this chance to establish your business in this sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,610,488
    6.5%
    $12,563,527
    7%
    $11,666,132
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,328,950
    Geo Method
    $6,738,040
  • Alternative Use

    Use
    Valuation
    Residential
    $15,578,774
    Hospitality
    $14,270,073
    Educational
    $11,872,533
    Medical
    $12,280,848
    Retail
    $18,468,384
7290 Virginia Pkwy, McKinney, Texas

Location Insight

City
Mckinney
County
Collin
State
Texas
Latitude
33.2005
Longitude
-96.7118
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
$220,445
$2,022,404
$9,496,596
$11,519,000
-
$2,022,404
$9,496,596
$11,519,000

FAQs

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