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- LoopNet Team
1230 Old Mill Rd
McKinney, TX 75069
Old Mill Road · Land For Sale
·
25.10 AC
INVESTMENT HIGHLIGHTS
- Numerous commercial opportunities because of this particular location within the Business & Aviation District
- Location will benefit from the possible McKinney National Airport commercial expansion
- The property is approx. one half mile southwest of McKinney National Airport
- Location will benefit from the TxDOT Spur 399 expansion
- This location is on the same power grid as Medical City McKinney & the airport, thus it never loses power
- Possible rental income for hold for development or hold for investment plans
PROPERTY FACTS
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 25.10 AC |
| Zoning | Commercial - Currently Zoned Ag, City of McKinney Future Land Use for Light Industrial / Commercial. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 25.10 AC |
| Zoning | Commercial - Currently Zoned Ag, City of McKinney Future Land Use for Light Industrial / Commercial. |
DESCRIPTION
1230 Old Mill Road in McKinney, TX is a little over 25 acres. And according to the City of McKinney's comprehensive plan, this property sits in the up & coming Business & Aviation District. The property is currently zoned ag, but because of its particular location within this district, there are several commercial opportunities. After the rezoning process is completed, it will be ready for immediate development. This property is also ideal for a hold for investment plan or even likelier a hold for development plan because the area & the infrastructure for commercial support is already underway. The property is only a half mile from the McKinney National Airport. It also lies within the same power grid as Medical City McKinney & the airport, so it will never lose power source. This is an outstanding location that will benefit from a series of McKinney's future improvements, including but not limited to, the expansion of Spur 399 & the expansion of the McKinney National Airport.
PROPERTY TAXES
| Parcel Number | R-6287-000-0560-1 | Improvements Assessment | $239,492 |
| Land Assessment | $113,013 | Total Assessment | $325,271 |
PROPERTY TAXES
