Fairview 37 +/- Acres

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 2626545
Property Subtypes: Retail, Other
Status: Pending/Contingent
Gross Land Area: 37 Acres
Sale Price: $6 PSF
Total Price: $9,670,320
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/3/2017

Overview / Comments

**UPDATE - 9/2014 Fairview updated the land uses to include Townhouses, single family residential, medical, retail, office, etc. See media.

Outstanding location in the highly sought after Town of Fairview. Property situated at the SEC of Country Club Rd (FM 1378) and Hwy. 5 (Greenville) There is a stop light at the intersection and the subject is bound by the DART track. Property already Annexed and zoned CPDD. See zoning info and demographics in media section or contact the Town of Fairview for any zoning related questions.

Several improvements located on the subject property (3 houses, barns, pond, etc).

The entire parcel is bounded on three of its 4 sides by substantial physical boundaries thereby optimizing is current zoning.

Due to the location of Medical Center of McKinney (as well as other medically related uses), the retirement development North of subject, this site could easily be a Medical-Oriented Development Area.

Within Fairview, the Villas In The Park has redirected its sales and marketing to elderly clients, Heritage Ranch represents build-out characterized by middle-aged and elderly residents, and higher density single-family development, along with apartment units have developed within the CPDD. Lots of factors suggest many different land use opportunities currently in the permitted Zone M. **UPDATE - 9/2014 Fairview updated the land uses to include Townhouses, single family residential, medical, retail, office, etc. See media.

Additional Details

Nearest MSA: Dallas-Fort Worth-Arlington
County: Collin
Tax ID/APN: 2666156
Zoning: CPDD-M
Side of Street: Southeast
Road Type: Highway
Property Visibility: Excellent
Zoning Description: CPDD-M
Topography: Level


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,768 63,362 175,415
Median Age: 39.76 35.93 35.08
Households: 1,272 22,126 59,809

Contact

Photograph of Listing Agent

Charles McKissick

RES- Real Estate Services
Photograph of Listing Agent

Janet Cobbel

The Cobbel Agency
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