650 S STATE HIGHWAY 5, Fairview, TX 75069
650 S STATE HIGHWAY 5, Fairview, TX 75069
650 S STATE HIGHWAY 5, Fairview, TX 75069
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$3,200,000
Est. payment /mo
7.4 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Abs A0275 Joseph Dixon Survey, Tract 15

MLS Listing ID 21223137

HOA Y/N None

Lot Size 7.396 Acres

Acres 7.396

Property Sub-Type Unimproved Land

Property Description

7.4± acre corner tract located at South State Highway 5 and Meandering Way in the heart of the Fairview–McKinney growth corridor. This highly visible site offers immediate access to US-75 and SH-121, placing it minutes from Historic Downtown McKinney, Fairview Town Center, major medical facilities, and regional retail anchors. Currently ag-exempt, the property presents a compelling buy-and-hold opportunity or a near-term development play. The site is zoned CPDD (Commercial Planned Development District) – Urban Transition Sub-District, a form-based code structured for urban-style development with specific architectural and design standards. This zoning framework supports a thoughtfully designed commercial or residential product aligned with Fairview's long-term planning vision. Given its proximity to healthcare, churches, shopping, and established residential neighborhoods, the property is especially well-suited for an assisted living, memory care, or hybrid 55+ senior housing concept.

Location

State TX

County Collin

Zoning CPDD

Direction From 75 North, turn east onto Stacy Rd., Turn left (north) onto HWY 5 (Greenville), turn right (east) onto Meandering Way.

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Garage No

Building

Lot Description Acreage, Corner Lot, Few Trees

Schools

Elementary Schools Jesse Mcgowen

Middle Schools Faubion

High Schools Mckinney

School District Mckinney Isd

Others

Restrictions Building

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21223137

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Listed by Erin Clifford • Keller Williams Realty Allen

NEARBY SCHOOL & BUSINESS

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Reflect Real Estate

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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