Sue Milam Reed, Broker Associate
LOT SIZE 7.720 acres
MLS#20865287
STATUSPending
PROPERTY TYPELand - Commercial
SCHOOLProsper ISD
Property Description
INCREDIBLE MULTI USE POTENTIAL OPPORTUNITY LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. The land is in a perfect location on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is currently zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect opportunity for COMMERCIAL, STORAGE, RETAIL, or MULTI-FAMILY TYPE HOUSING with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one of a kind land opportunity.
Property Features
Property Type: Land - Commercial
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 7.72 Acres
Year Built: 1975
Amenities
RV/Boat Parking
Stable/Barn
Feature Descriptions
Days on Site: 362
Exclusions: Excludes greenhouse's, above ground irrigation systems, storage shed, windmill, all nursery plants, trees, equipment, tools, and materials.
Fencing: Gate, Wrought Iron
Horse Amenities: Barn(s), Equipment Barn, Stable(s)
Lot: Acreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided
Parcel#: R683800006601
Utilities: Cable Available, City Water, Electricity Connected, Individual Water Meter, Propane, Septic
Local Schools
Elementary School: John A Baker
School District: Prosper ISD
Listed By / Shown By
Listed By
Agency Name: Designer Realty
Agency Contact: 972-533-4422
Agent Name: Todd Milligan
Shown By
Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 10,572.38 per month $9,347.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,225.00 Homeowner's InsuranceChange Payment Information
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3565 Fm 1461 | MLS# 20865287
This land located at 3565 Fm 1461, McKinney, TX 75071 is currently listed for sale with an asking price of $4,200,000. The property has approximately 7.72 Acres. Fm 1461 is located within the Prosper ISD school district. Search Mckinney real estate on suemilamreed.kellyrealtors.com today.