Frontage on Wilmeth Road (County Road 124). Nice rectangular site with an exiting residential house, out buildings and fencing located on the site.
Just to the west of the new Ridge Road & Wilmeth Road intersection/circle, just north of Hwy 380.
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Excellent location in northwest McKinney, currently in McKinney's Extraterritorial Jurisdiction (ETJ). In the middle of all of McKinney's high end residential/commercial development growth, with easy access to Hwy 380, Preston Road, Custer Road, Dallas North Tollway and Hwy 75.
Currently, this is a perfect location for any service companies that might be able to use the exiting house for offices and the additional land for service truck parking, equipment staging, add additional service buildings or just development of a new corporate or regional service locating, with plenty of outside storage if needed.
The property is also in an area that is perfect for future construction of townhomes, apartments, medical offices, showrooms/service centers. New apartments are under construction just to the east of the subject property, along with Billingsley's new masterplanned development, Huntington Park, recently approved by the City of McKinney.
Wilmeth Road (CR-124) is currently in the process of being expanded and realigned from the Ridge Road/Wilmeth Road intersection, west to Custer Road. In addition, this property will become the southwest corner of the new Hwy 380 Bypass & Wilmeth Road.
All the above equates to a great user site today, a wonderful development site now or in the future, and/or a great investment site for a longterm hold or a tax-free 1031 exchange property.
Thomas Willis
Willis Realty Advisors