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$799,900

5740 Alma Road, McKinney, TX, 75070

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About this property

Rare opportunity to secure 1.2± acres of commercial land in the heart of McKinney’s rapidly growing Craig Ranch corridor! Zoned C-1 Commercial and ideally positioned on Alma Road, this site is approximately 1 mile from Sam Rayburn Tollway SH 121 and just minutes from US 75, providing outstanding access to McKinney, Allen, Frisco, Plano and the greater North Dallas market. The real story here is GROWTH. The property is approximately 2 miles from the planned Cannon Beach Surf & Adventure Park and only minutes from the new 20,000-seat VENU Sunset Amphitheater near SH 121 and US 75—two major destination projects bringing significant new investment, visitors and activity to the area. Surrounded by the established Craig Ranch community, dense residential and multifamily development, retail, dining, offices and expanding entertainment destinations, this location offers tremendous potential for an owner-user, investor or developer. The level, cleared site offers approximately 52,272 SF of land. Commercial land in this highly desirable McKinney corridor is increasingly difficult to duplicate. Position your business or investment in the path of continued growth at 5740 Alma Road!

Investor Tools

$0Estimated Mortgage Balance
$799,900Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,799 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Leslie Remy

Astra Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: McKinney