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About This Home

This 0-bedroom, 0-bathroom commercial at 2855 County Road 407 in Princeton, TX is listed for $3,500,000. on a 6.09 acres lot.

Agent Description

PRIME DEVELOPMENT OPPORTUNITY - About 6AC WITH HWY 380 FRONTAGE IN MCKINNEY ETJ Exceptional 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 f

rontage on US 380 and CR 407 STRONG 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 projected DEVELOPMENT POTENTIAL: Located in McKi

nney 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.

Key Features

  • 6.09 acre lot

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

2855 County Road 407

Princeton, TX 75071

Jacob Snively Surv Abs #863

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2855 County Road 407 is listed at $3,500,000. The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: 6.09 acre lot.

This property is listed by Rita Gozlan-Derjavetz and can be reached at 9036000616 or contact@ebgtx.com.

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RG

Rita Gozlan-Derjavetz

Agent at Wisdom REALTORS

(903) 600-0616

Listed by Wisdom REALTORS · View on Broker Site

MLS# 20897620· Source: listhub· Updated today

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2855 County Road 407, Princeton, TX 75071

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