4879 Virginia PkwyMcKinney, TX 75071

  • Commercial land
  • 1.55 AC
For Sale
$340,000 View listing

Property Details for 4879 Virginia Pkwy

Lot size
1.55 AC
Zone code
PD
Property type
Commercial land
APN
R-6391-000-0100-1
APU
R639100001001

Description

Exceptional opportunity to own a piece of McKinney's premier office development, Empire Offices. This Class A, single-story building boasts 11,300 square feet of net rentable space, divided into seven versatile units ranging from 1,000 to 11,300 square feet. Ideal for both medical and traditional office uses, the property features a stunning French Country design with a steep-pitch roof and copper finials, situated on a 1.5-acre lot in Collin County. Located on Virginia Parkway, the building offers excellent visibility and accessibility, enhanced by mature trees on the site. Currently under construction with a projected completion in 2024, the building is being sold as shell space, allowing for customization to meet individual needs. Several finish-out options are available, with a decorator showroom to assist in selections. High ceilings, abundant natural light from large windows, and ample parking are key features. Each office enjoys direct visibility from Virginia Parkway, with convenient access from both east and west. The asking price is $340,000, with financing options available. This is a pre-sale opportunity to secure a high-end, meticulously designed office space in a thriving McKinney location. The land value is estimated at $330-$340 per square foot. The property is zoned for MEDICAL/PROFESSIONAL OFFICE use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,063,442
    Hospitality
    $15,630,022
    Educational
    $13,003,995
    Medical
    $13,451,222
    Retail
    $20,228,436

Location Insight

City
Mckinney
County
Collin
State
Texas
Latitude
33.1968
Longitude
-96.6788
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
$3,636
$453,538
-
$453,538
-
$453,538
-
$453,538

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