For more information on this property, contact Bob Smith at 214-263-0816 or bob@realestatebybob.com

3565 Fm 1461
McKinney, Texas TX 75071-8259
Price: $5,000,000
Listing ID 20266053
Status Active
Acres 7.720
Subdivision None
Year Built 1975

Property Description:

INCREDIBLE COMMERCIAL 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. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities 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 a kind commercial land opportunity.

Primary Features

County: Collin
Property Sub Type: Ranch
Property Type: Lots and Land
Subdivision: None
Year Built: 1975
Zoning: Commercial in ETJ

External

Barns Count: 2
Exterior Features: RV/Boat Parking, Stable/Barn
Fencing: Gate, Wrought Iron
Frontage Feet: 432
Horse Amenities: Barn(s), Equipment Barn, Stable(s)
Horse Permitted: yes
Lot Features: Acreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided
Lot Size: 5 to < 10 Acres
Lot Size Area: 7.72
Lot Size Source: Assessor
Lot Size Square Feet: 336283.2
Lot Size Units: Acres
Other Structures: Outbuilding, Residence, RV/Boat Storage, Shed(s), Storage, Workshop, Workshop w/Electric
Road Frontage Type: FM Road
Utilities: Cable Available, City Water, Electricity Connected, Individual Water Meter, Propane, Septic

Location

Association Type: None
Country: United States
Directions: 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.
Elementary School: John A Baker
Elementary School Name: John A Baker
High School Name: Prosper
Middle School Name: Lorene Rogers
School District: Prosper ISD

Additional

Consent Required to Record: Video
Current Use: Commercial, Retail
Development Status: Utilities Installed, Zoned
Documents Available: Survey
Dual Variable Compensation: no
Municipal Utility District: no
Possible Use: Commercial, Investment, Mini-Storage, Retail, Warehouse
Property Match: APN
Second Mortgage: no
Special Notes: Verify Tax Exemptions
Status: Active
Subdivided: no
US Property MUI: 422252542
Will Subdivide: Yes

Financial

AG Exemption: yes
Current Price/Lot Size: 647668.39378
Easements: None
Exclusions: Excludes greenhouse's, above ground irrigation systems, storage shed, windmill, all nursery plants, trees, equipment, tools, and materials.
Land Lease: no
Possession: 60-90 Days
Restrictions: No Known Restriction(s)
Unexempt Taxes: 15936

Interior

Cooling: Central Air, Electric
Heating: Central, Electric

Zoning Info


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Contact - Listing ID 20266053

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Bob Smith

1212 S Preston Rd
Celina, TX 75009
Phone: 214-263-0816

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