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551 E University Dr
McKinney, TX 75069
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
±2.46 AC w/ ±533’ Frontage, 40.9K+ VPD, On-Site Utilities & Dual Access <p><strong>511 E University Investor Highlights</strong></p><ul><li>±2.46-acre development site in McKinney</li><li>±107,158 SF of raw, level land</li><li>Light Manufacturing zoning supports flex/industrial use</li><li>±533 feet of frontage on US-380</li><li>40,927+ VPD along major corridor</li><li>Dual access points support flexible site planning</li><li>City water, sewer, and electricity on-site</li><li>Outside FEMA-designated floodplain boundaries</li><li>Just off Loop 5 and 1.5 mile
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
