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Commercial Land for Sale in McKinney, Texas

1005 E University Dr, McKinney, TX 75069

$500,000
1.86 acres
Active sale
ago
Est $3,752/mo

PRIME 1.861-ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY ON US 380 - McKINNEY, TX. Rare opportunity to acquire approximately 1.861 acres of commercially zoned land with 939 feet of frontage on US 380 in McKinney, Texas. Positioned along a major growth corridor, the property sees more than 44,000 vehicles per day, providing excellent visibility and exposure. The surrounding population base experienced 5.3% annual growth from 2020 to 2024, supporting the long-term potential of this location. The property is conveniently located 2.4 miles from McKinney National Airport (TKI), 1 mile from Highway 5, 2 miles from Highway 75, and 5 miles from the Sam Rayburn Tollway. Located at a signalized T-intersection, the property offers excellent visibility and an ideal location for signage and advertising exposure. It is also minutes from Princeton, Texas, one of the fastest-growing cities in America. The property is currently used as a welding shop and has previously been leased to tenants from time to time, offering an opportunity for an investor or owner-user to generate income while benefiting from the underlying land value. The existing improvements provide flexibility for continued use, leasing, or future redevelopment. The value is primarily in the land and its strategic US 380 location. Strong population growth, high traffic counts, excellent highway access, and surrounding development make this an attractive opportunity for an investor, developer, or business owner. Owner financing available with a minimum of 60% down. Key Highlights 1.861 +/- acres 939 +/- feet of US 380 frontage 44,000+ vehicles passing daily Dual commercial zoning Signalized T-intersection 5.3% annual population growth (2020-2024) 2.4 miles to McKinney National Airport 1 mile to Highway 5 2.6 miles to Highway 75 5 miles to Sam Rayburn Tollway Minutes from Princeton, TX Existing welding shop-business use Income-producing potential or future redevelopment Owner financing available - minimum 60% down

Location

Street address
1005 E University Dr
Zip code
75069
Community
Wanda H Add
Elevation
524 feet
Coordinates
33.2045, -96.5971

Property details

Acreage
1.861 acres81,065 sq ft
Zoning
Light and Heavy commercial
MLS #
NTREIS 21388480
Posted

Property taxes

Recent
$4,327

Parcels

  • R250200100101

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Waterfront
Creek
Features
Irregular Lot

Structure

Stories
1
Materials
Steel Siding
Roof
Metal

Interior

Security
Security

Listing history

DateEventPriceChangeSource
Sept 16, 2026New listing$500,000NTREIS
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This 1.861-acre property is located at 1005 E University Dr in McKinney, TX 75069. The land is available for sale, priced at $500,000 — $268,673 per acre.

Listed by JPAR North Metro, (972) 850-7922

Checked 2 hours agoUpdated Source

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