alt
View All

For Sale

McKinney Unrestricted Land For Sale - 2855 County Rd 407 McKinney, Texas 75071​

2855 County Rd 407,
McKinney, TX 75071

Asset Snapshot

6.09 Acres
Land Area

Offering Summary

Eureka Business Group is pleased to present the opportunity to acquire this 6.09-acre parcel offers a dual-frontage position on US Highway 380 and County Road 407 in McKinney’s extraterritorial jurisdiction, with 382 linear feet of combined frontage on one of Collin County’s primary east-west arterials. US 380 carries 44,432 vehicles per day per 2023 TXDOT data, providing the traffic exposure required for retail, food service, convenience-oriented commercial development, and service operators who depend on high daily pass-through volume. The out of city limits location (no ETJ) carries no municipal zoning restrictions, allowing a developer to proceed with retail, flex industrial, self-storage, mixed-use, or outside storage uses without requiring city re-zoning. This flexibility, combined with the dual-road frontage, positions the site for multiple development scenarios, and allows a buyer to commit to purchase before finalizing a specific use program. The property’s most significant value catalyst is McKinney National Airport, 2.6 miles away. A $72 million terminal expansion is currently in construction, intended to increase the airport’s commercial service capacity and attract corporate and passenger aviation activity. Airports at this scale and growth trajectory historically drive hotel, rental car, flex industrial, fuel, and convenience commercial demand within a 3-mile radius. The US-380 corridor is the logical development beneficiary. The 5-mile trade is growing at a 5.3% annual rate. The median household age of 36.5 and a concentration of households in the $100K-$200K+ income range create demand for the retail and service commercial categories that thrive in high-growth Collin County corridors. The property carries a current agricultural exemption, resulting in minimal annual property taxes. The site is not in a FEMA-designated flood zone. Water and electricity available on-site.

Due Diligence

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Accepting Offers
$3,740,000
Asking Price

Debt Placement Broker

Joseph Gozlan
Eureka Business Group
TX License: 0593483