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31110748
31110749

6737 Co Rd 124, McKinney, TX 75071

DC
TX TX 635835
Marcus & Millichap - Fort Worth
Listed by Marcus & Millichap - Fort Worth
$4,500,000
79 days on market
Updated 28 days ago

Texas Secure Storage

Details
Property Type Land, Self Storage
Sub Type Commercial, Industrial (+1)
Square Footage 31,920
Net Rentable (SqFt) 31,920
Units 95
Cap Rate 2.02%
Occupancy 91%
Price per SqFt $141
Year Built 2003
Year Renovated 2015
Buildings 2
Stories 1
Acreage 16.230

32,000 Square Foot Storage Facility | 91% Phys. Occ. | $163,000 Median Income | Apx. 15 Acres for Ex

Marketing description

Texas Secure Storage presents a rare 16.23-acre land opportunity in the direct path of north McKinney’s next major growth corridor. Located just north of U.S. 380, the property currently operates as an RV and boat storage facility while offering substantial excess land and long-term redevelopment optionality. As surrounding density delivers, the site is ideally positioned for climate-controlled or traditional drive-up self-storage, additional Boat/RV product, flex office/warehouse, or other commercial uses. Few properties in this corridor offer both immediate income and the scale necessary to capitalize on future commercial intensity.

Immediately surrounding the site, Billingsley Company has secured approvals for the 785-acre Huntington Park mixed-use development. Planned to include single-family homes, townhomes, multifamily, commercial acreage, and open space, Huntington Park represents one of the most significant master-planned projects in the northern McKinney/Prosper corridor. As rooftops and commercial nodes deliver in phases, the subject property will transition from edge-of-growth to embedded within a master-planned environment — materially increasing demand for climate-controlled storage, traditional self-storage, and service-commercial uses that support new residential density.

The planned U.S. 380 Bypass further enhances the long-term investment thesis. The new eight-lane east-west corridor with frontage roads will redirect high-speed regional through-traffic away from existing 380 while improving north-south connectivity in this immediate area. With anticipated access improvements to nearby arterial roads — and potential enhanced connectivity to the subject’s roadway — traffic patterns are expected to become more efficient and accessible for local users. As congestion is reduced and mobility improves, the property stands to benefit from expanded trade area reach, improved ingress/egress, and increased commercial viability along this growth corridor.

Investment highlights

16.23 Acres with Expansion Scale – Large, flexible land position just north of U.S. 380 capable of supporting climate-controlled self-storage, traditional drive-up storage, upgraded Boat/RV product, flex warehouse, contractor bays, or office/warehouse configurations.

Adjacent to Billingsley’s 785-Acre Huntington Park – Major approved mixed-use master plan including single-family, multifamily, and commercial acreage that will embed the property within a high-growth residential and commercial environment.

Beneficiary of the U.S. 380 Bypass – Planned eight-lane corridor with frontage roads designed to improve east-west mobility and enhance north-south connectivity in the immediate area.

Improved Traffic Flow & Accessibility – The bypass will redirect regional through-traffic off existing 380, reduce congestion, and create more efficient access patterns to nearby arterial roads serving the property — strengthening ingress/egress and expanding the effective trade area.

Strong Demographic Tailwinds – The surrounding 5-mile radius has experienced substantial population growth since 2010 and continues to project meaningful expansion, reinforcing long-term storage and service-commercial demand.

Immediate Income with Long-Term Land Optionality – Existing RV/boat storage provides in-place cash flow while allowing investors to capitalize on phased redevelopment or expansion as surrounding infrastructure and density mature.

Listing Contacts

DC
TX TX 635835
Marcus & Millichap - Fort Worth
Listed by Marcus & Millichap - Fort Worth

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Danny Cunningham
License
TX 635835
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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