Land For Sale • 2.5 AC
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer the opportunity to purchase a 2.5+/- acre hard corner development site located at 10021 Virginia Parkway in McKinney, TX (the “Site”). The Site is zoned C-2 (Local Commercial District) allowing for a variety of commercial uses for a potential purchaser. Its prime location offers excellent visibility and easy access, making it a highly desirable development Site. The Dallas North Tollway is located approximately 4 miles west of the Site, US 75 is approximately 6.5 miles to the east, and US 380 is less than a mile to the north. The locations demographics are extremely strong, with a one-mile median household income of $189,000 and a one-mile median home value of $658,333. This is an excellent opportunity to acquire a hard corner in one of the fastest growing markets in Texas at a price of $35 psf. A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
| The 2.5+/- acre Site is strategically located approximately 4 miles east of the Dallas North Tollway in McKinney, near the border of Frisco. |
| The Site is located between several single-family developments, with a one-mile median household income of $189,000. |
| The Site is zoned C2, which allows for mid-sized, medium intensity commercial, retail, office, service oriented, and professional uses. |
| The zoning allows for a maximum height of 3 stories and 45 feet. |
| Market rent in the McKinney retail submarket per CoStar has grown by 4.3% within the last year and is expected to continue to grow. |
| The Property is situated at the southwest hard corner of Virginia Parkway and Independence Parkway allowing for unparalleled visibility and access. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Dallas Love Field | 43 min | - | 31.0 mi |
| Dallas-Fort Worth International | 40 min | - | 31.8 mi |