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2855 Co 407 rd
McKinney, TX 75071

$3,740,000 USD

Land For Sale  •  6.09 AC

Property Details

  • Property Type Land
  • Lot Size 6.09 AC
  • Zoning Outside city limits
20 Walk Score

Description

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.

Highlights

6.09 acres with 382+ linear feet of dual frontage on US Highway 380 (44,432 VPD per 2023 TXDOT) and County Road 407
No zoning restrictions, Not in ETJ. Permits retail, flex industrial, self-storage, mixed-use, or outside storage development without city re-zoning
Airport Growth - Under 3 miles from McKinney National Airport's new $72M terminal expansion project, driving future development and value appreciation
5-mile trade area growing at 5.3% annually; projected population 90,018 by 2029; median age 36.5; strong $200K+ household income concentration
Current agricultural exemption produces minimal annual taxes
Site is not in a FEMA flood zone; water and electricity available on site

Property Flyers

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 50 min - 40.3 mi
Dallas-Fort Worth International 49 min - 41.0 mi
Joseph Gozlan 903-600-0616 Eureka Business Group
Joseph Gozlan 903-600-0616 Eureka Business Group