650 S STATE HIGHWAY 5, Fairview, Texas, 75069

Listed by Keller Williams Realty Allen, Erin Clifford, 214-502-4801
$3,200,000
7.40 Acres
#21223137
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.

PROPERTY FEATURES

  • Utilities : City Sewer,City Water,Electricity Connected
  • Lot Features : Acreage,Corner Lot,Few Trees
  • Road Frontage Type : City Street,State Road
  • Current Use : Agricultural
  • Zoning Description : CPDD
  • Title Company Preferred: Chicago Title -Melanie
PROPERTY DETAILS
ID: 21223137
Status: Active
Price: $3,200,000
Acres: 7.40 Acres
Price Per Acre: $432,666
Type: Lot and Land
Address: 650 S STATE HIGHWAY 5
City, State: Fairview, Texas
County: Collin
Zip Code: 75069
Lat/Long: 33.144861, -96.638889
Presented By: Erin Clifford
Phone: 214-502-4801
Email: Click to Contact