Fairview, TX 75069 650 S State Highway 5
$3,200,000



0 more
Presented By: Keller Williams Realty Allen
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Keller Williams Realty Allen
Interior Features for 650 S State Highway 5
Other Interior Features
Lock Box TypeNone
General for 650 S State Highway 5
CityFairview
CountyCollin
Development StatusCity Limits, Zoned
DirectionsFrom 75 North, turn east onto Stacy Rd., Turn left (north) onto HWY 5 (Greenville), turn right (east) onto Meandering Way.
EasementsOther
Elementary SchoolJesse Mcgowen
Elementary School NameJesse Mcgowen
ExclusionsN/A
HOA TypeNone
High SchoolMckinney
Listing TermsCash, Conventional, Owner Will Carry
Occupant TypeVacant
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsBuilding
School DistrictMcKinney ISD
Standard StatusActive
StatusActive
Subdivision NameABS A0275 JOSEPH DIXON SURVEY, TRACT 15
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Zoning DescriptionCPDD
current useAgricultural
Exterior for 650 S State Highway 5
Lot FeaturesAcreage, Corner Lot, Few Trees
Lot Size5 to < 10 Acres
Lot Size Acres7.3960
Lot Size Area7.3960
Lot Size SourcePublic Records
Lot Size Square Feet322169.7600
Lot Size UnitsAcres
Road Frontage TypeCity Street, State Road
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Jesse McGowen Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner
