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704 Drexel St 6,600 SF Specialty Building Offered at $2,600,000 in McKinney, TX 75069
Investment Highlights
- 10 plus classrooms and church
- Mckinney Downtown
- Huge land
Executive Summary
The independent building in the hot location of the downtown McKinney; Allowed use -Church, Religious purposes & Private School. City had given CO for 250 people load previously. This building has 10 classrooms, director office with private restroom, conference hall or prayer hall , kitchen, dining hall .
The price advertised is for the lot number 863 & 866 A as in survey.
Neighboring land - Lots 861,862,866B,868 as in survey can also be sold for $1.2M along with this land.
The price advertised is for the lot number 863 & 866 A as in survey.
Neighboring land - Lots 861,862,866B,868 as in survey can also be sold for $1.2M along with this land.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$118,800,000
|
$18,000.00
|
| Operating Expenses |
$118,800,000
|
$18,000.00
|
| Total Expenses |
$237,600,000
|
$36,000.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $118,800,000 |
| Annual Per SF | $18,000.00 |
| Operating Expenses | |
|---|---|
| Annual | $118,800,000 |
| Annual Per SF | $18,000.00 |
| Total Expenses | |
|---|---|
| Annual | $237,600,000 |
| Annual Per SF | $36,000.00 |
Property Facts
| Price | $2,600,000 | Building Class | B |
| Price Per SF | $393.94 | Lot Size | 0.46 AC |
| Sale Type | Owner User | Building Size | 6,600 SF |
| Sale Condition | Lease Option | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1958/2024 |
| Property Subtype | Religious Facility | Cross Streets | Throckmorton |
| Zoning | MR-MixedResidential(RG18) - RG-18 Multifamily or church | ||
| Price | $2,600,000 |
| Price Per SF | $393.94 |
| Sale Type | Owner User |
| Sale Condition | Lease Option |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 6,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2024 |
| Cross Streets | Throckmorton |
| Zoning | MR-MixedResidential(RG18) - RG-18 Multifamily or church |
Amenities
- Signage
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R-0926-000-8620-1 | Total Assessment | $81,250 (2025) |
| Land Assessment | $81,250 (2025) | Annual Taxes | $118,800,000 ($18,000.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
R-0926-000-8620-1
Land Assessment
$81,250 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$81,250 (2025)
Annual Taxes
$118,800,000 ($18,000.00/SF)
Tax Year
2026
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Contact the Sale Advisor
704 Drexel St