4156 Ridge Rd, McKinney, TX 75071
5 Acres of Commercial Land Offered at $2,900,000 USD in McKinney, TX 75071
For Sale
Active
Asking Price $2,900,000
- Sale Condition
- Redevelopment Project
- Property Type
-
Land
- Square Feet
- 217,800 SF
Listing Contacts
Paul Ruth
Property Overview
Knock, Knock ! It is opportunity knocking. Huge opportunity to own a piece of one DFW's most up and coming devolvement areas in Prosper / McKinney area. This could be used for so many types of Development. Such as a Residential Development: Highland Lakes is a new 450-acre master planned community that is being built directly across the street with plans to build 1376 homes in it. Or it could be a Commercial Development: The new 380 bypass is going to be making its way approximately 100 yards to the south. This would be a great location for a strip shopping center to service all the new homes and the new 380 bypass loop. Residential use while land banking. What an amazing 1031 Exchange opportunity or just a simple land banking property. There is a very well loved 2444 sq. foot home on the property, built in 2001 this home is move in ready. With the horse stalls and other items on this property this property could fetch a pretty penny as a residential, farm and ranch lease property while the area develops even further.
Property Details
- Property Subtype
- Commercial
Highlights
- Location, Location, Location
All available spaces
- Space
- Lot 1
- Size
- 217,800 SF
- Price
- $2,900,000
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