$3,200,000

650 S STATE HIGHWAY 5, Fairview, TX 75069

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
May 18, 2026 at 9:20PM
Listing Office:
Keller Williams Realty Allen : 972-747-5100
Listing Agent:
Erin Clifford :
MLS ID:
21223137
  • Road/Access: City StreetState Road
  • Originating MLS: NTR
  • School District: McKinney ISD
  • County: Collin
  • Zoning: 2843679
  • Current Use: Agricultural
  • Utilities: Electricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR
  • Exclusions: N/A

This listing courtesy of Erin Clifford , Keller Williams Realty Allen

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby