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$4,200,000

Est. payment - /mo

7.72 Acres Lot

Active Contingent

3565 Fm 1461 Mckinney, TX 75071

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J. Monique Clark

monique@primerealtydfw.com +1(662) 590-6650

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Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active Contingent

Purchase Type For Sale

MLS Listing ID 20865287

HOA Y/N None

Year Built 1975

Annual Tax Amount $15,936

Lot Size 7.720 Acres

Acres 7.72

Property Sub-Type Ranch

Property Description

INCREDIBLE MULTI USE POTENTIAL OPPORTUNITY LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. The land is in a perfect location on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is currently zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect opportunity for COMMERCIAL, STORAGE, RETAIL, or MULTI-FAMILY TYPE HOUSING with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one of a kind land opportunity.

Location

State TX

County Collin

Zoning Commercial in ETJ

Direction From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461 and Baxter Well Road.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Heat Source Central, Electric

Exterior

Exterior Feature RV/Boat Parking, Stable/Barn

Fence Gate, Wrought Iron

Utilities Available Cable Available, City Water, Electricity Connected, Individual Water Meter, Propane, Septic

Lot Frontage 432.0

Garage No

Building

Lot Description Acreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided

Schools

Elementary Schools John A Baker

Middle Schools Lorene Rogers

High Schools Prosper

School District Prosper Isd

Others

Restrictions No Known Restriction(s)

Ownership See Tax

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20865287

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Todd Milligan • Designer Realty

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J. Monique Clark

Agent | License ID: 0783848

+1(662) 590-6650