2855 County Road 407, Princeton, TX 75071
sale
$3,500,000
|
Unimproved Land
Courtesy Of Wisdom REALTORS, Listed By Rita Gozlan-Derjavetz
PRIME DEVELOPMENT OPPORTUNITY - About 6AC WITH HWY 380 FRONTAGE IN MCKINNEY ETJ
Exceptional investment opportunity in one of DFW's fastest-growing corridors! This 6.AC parcel offers over 382 feet of frontage along both US Highway 380 (44,432 VPD) and County Road 407 in McKinney's ETJ, providing outstanding visibility and accessibility.
KEY HIGHLIGHTS:
* Strategic location less than 3 miles from McKinney National Airport's new $72M terminal expansion
* No zoning restrictions - Build retail, flex space, mixed-use, outside storage, or self-storage
* High-traffic location with 44,432 vehicles per day (2023 TXDOT data)
* NOT in flood zone
* Current AG exempt status
* Dual road frontage on US 380 and CR 407
STRONG DEMOGRAPHICS:
* Rapidly growing area with over 5 percent annual population growth within 5 miles
* Projected 90,018 population by 2029 within 5 miles
* Young, affluent demographic with median age of 36.5
* Strong household incomes with significant growth projected
DEVELOPMENT POTENTIAL:
Located in McKinney ETJ, this versatile parcel offers maximum flexibility for development with no current zoning restrictions. The property is perfectly positioned to capitalize on McKinney's explosive growth and the upcoming airport expansion, which will drive additional commercial development in the area.
Exceptional investment opportunity in one of DFW's fastest-growing corridors! This 6.AC parcel offers over 382 feet of frontage along both US Highway 380 (44,432 VPD) and County Road 407 in McKinney's ETJ, providing outstanding visibility and accessibility.
KEY HIGHLIGHTS:
* Strategic location less than 3 miles from McKinney National Airport's new $72M terminal expansion
* No zoning restrictions - Build retail, flex space, mixed-use, outside storage, or self-storage
* High-traffic location with 44,432 vehicles per day (2023 TXDOT data)
* NOT in flood zone
* Current AG exempt status
* Dual road frontage on US 380 and CR 407
STRONG DEMOGRAPHICS:
* Rapidly growing area with over 5 percent annual population growth within 5 miles
* Projected 90,018 population by 2029 within 5 miles
* Young, affluent demographic with median age of 36.5
* Strong household incomes with significant growth projected
DEVELOPMENT POTENTIAL:
Located in McKinney ETJ, this versatile parcel offers maximum flexibility for development with no current zoning restrictions. The property is perfectly positioned to capitalize on McKinney's explosive growth and the upcoming airport expansion, which will drive additional commercial development in the area.
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Property Features
- Architecture Style: Other
- Legal Description: ABS A0863 JACOB SNIVLEY SURVEY, TRACT 15, 6.0
- MLSID: 20897620
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