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2855 County Road 407, Princeton, TX 75071
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$3,600,000
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Home Details for 2855 County Road 407
Price
$3,600,000
Type
Commercial/Industrial
Lot Size
6.091
County
Collin
Tax
$14
MLS®️ Listing#
20897620
On exitrealty.com
229 days
Property Description
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.
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Listing Courtesy: Wisdom REALTORS - 903-600-0616. Presented by: Rita Gozlan-Derjavetz
Last Updated: 2025-04-08 18:31:04
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
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$3,600,000
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EXIT J RAGZ REALTY ELITE
291 S. Preston Rd Suite 1010, Prosper, TX 75078