About the Listing REGA01 - 0818074

This prime 4.85-acre property is located in northwest McKinney, adjacent to both Celina and Prosper; an area undergoing some of the most significant growth in Collin County. The site offers a rare combination of stabilized rental income and exceptional development potential. Approximately 2.85 acres are improved with four commercial structures totaling 6,857 square feet, currently leased to a diverse mix of tenants providing steady income. The remaining two acres to the south are vacant, flat, and development-ready. With over 300 feet of frontage along Frontier Parkway (also known as Laud Howell Parkway), a major east-west corridor connecting McKinney, Prosper, and Celina, the property benefits from excellent visibility and accessibility. Custer Road, a key north-south arterial, is located nearby, further enhancing connectivity The property is directly in the path of rapid development and surrounded by major planned and ongoing projects. These include the 127-acre Custer Frontier Marketplace anchored by Kroger Marketplace, which will feature retail, dining, medical, multifamily, and a new single-family residential community scheduled to break ground in 2026. Other nearby developments include new Prosper ISD schools, the proposed Aster Park mixed-use project, expansions of Mustang Lakes and Highland Lakes, several large-scale master-planned communities, and the extensive Billingsley multi-use development to the south. Located within the extraterritorial jurisdiction (ETJ) of McKinney, the property offers flexibility for future use while generating income today. With a strategic location, high traffic exposure, and proximity to transformative growth, this offering presents a rare opportunity for investors and developers in one of the most dynamic markets in North Texas.

Listing Highlights