7605 Virginia Pky
McKinney, TX 75071 Allen/McKinney

7605 Virginia Parkway presents a compelling acquisition opportunity for investors, owner-users, and developers seeking an improved 2.02-acre site in one of the fastest-growing cities in the Dallas-Fort Worth Metroplex. Located in north McKinney along the established Virginia Parkway corridor, this property offers an existing structure formerly entitled for daycare use, full utility infrastructure, and dual frontage on both Virginia Parkway and Ballantrae Drive.
The site is zoned PD 1621 (Planned Development) and carries a Specific Use Permit (SUP) for daycare operations. The existing building layout, on-site parking, and access points are all conducive to institutional or commercial adaptive reuse, making the property an ideal candidate for a daycare or childcare center, Montessori school, private medical clinic, church annex, or other low-intensity community-serving use. Minimal additional entitlement work is anticipated, and the original SUP site plans can be leveraged with only minor modifications — significantly reducing time-to-occupancy for a new operator or tenant.
From an infrastructure standpoint, this is a fully serviced urban infill location. All utilities are in place with no known extension requirements, eliminating a major cost and timeline variable for prospective buyers. The dual frontage configuration provides excellent visibility for signage and branding while offering convenient ingress and egress for daily traffic, a critical consideration for uses such as daycare and medical office where drop-off and pick-up patterns drive site design.
The surrounding area is defined by established residential subdivisions, faith institutions, and other educational facilities — a land use mix that naturally supports and generates demand for the types of services best suited to this property. McKinney's northward expansion continues to bring high-end residential development, new infrastructure investment, and a deepening pool of families and working professionals seeking nearby amenities.
McKinney's demographic profile underscores the strength of this location. The city's estimated 2026 population is approximately 242,000, reflecting growth of over 22% since the 2020 census. The median household income exceeds $120,000, and the median resident age is approximately 36.9 years — a profile that skews heavily toward young, dual-income families with children. These are precisely the households that drive demand for daycare, private education, pediatric and family medical services, and faith-based community programming.
Major employers anchoring the local economy include McKinney ISD, Medical City McKinney, Raytheon Intelligence & Space, and Baylor Scott & White Medical Center, all of which contribute to stable population growth and sustained real estate demand. The property also benefits from regional connectivity via US-75 and SH-121, linking McKinney to the broader DFW Metroplex employment centers in Plano, Frisco, Allen, and Richardson.
Market timing is favorable. Demand for smaller-scale institutional and commercial infill sites remains consistent across McKinney's family-dense residential zones, and active users in the daycare, education, and medical office sectors are currently seeking space in this corridor. The combination of an existing improved site, in-place entitlements, and a strong demographic tailwind positions 7605 Virginia Parkway as a competitive opportunity for near-term occupancy or strategic repositioning.