Sue Milam Reed, Broker Associate
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2855 County Road 407, Princeton, TX 75071

$3,500,000
  • 2855 County Road 407, Princeton, TX 75071 Main Photo

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Active
LOT SIZE 6.091 acres MLS#20897620
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONJacob Snively Surv Abs #863

Property Description

PRIME DEVELOPMENT OPPORTUNITY - About 6AC WITH HWY 380 FRONTAGE IN MCKINNEY ETJExceptional 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 407STRONG 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 projectedDEVELOPMENT 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.

2855 County Road 407 | MLS# 20897620

This land located at 2855 County Road 407, Princeton, TX 75071 is currently listed for sale with an asking price of $3,500,000. The property has approximately 6.09 Acres. Search Princeton real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 6.09 Acres

Feature Descriptions

Days on Site: 330
Parcel#: R686300001501
Utilities: Co-op Electric, Co-op Water

Listed By / Shown By

Listed By

Agency Name: Wisdom REALTORS
Agency Contact: 903-600-0616
Agent Name: Rita Gozlan-Derjavetz

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 8,810.32 per month $7,789.48 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,020.83 Homeowner's Insurance

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