650 S State Highway 5, Fairview, TX 75069
- $3,200,000
- List Price
- $3,200,000
- MLS#
- 21223137
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 7.40
- County
- Collin
- City
- Fairview
- Subdivision
- ABS A0275 JOSEPH DIXON SURVEY, TRACT 15
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.
Additional Information
- Lot Size
- 322,169
- Acres
- 7.40
- Lot Description
- Corner Lot, Few Trees, City Lot
- School District
- Mckinney Isd
- Elementary School
- Jesse Mcgowen
- Middle School
- Faubion
- High School
- Mckinney
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Erin Clifford from Keller Williams Realty Allen. Contact: 469-400-6882