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County Road 204

Vanguard Real Estate Advisors Represents Seller In 84.03 Acre Development Site Sale In McKinney
SOLDDevelopment Site

Vanguard Real Estate Advisors Represents Seller In 84.03 Acre Development Site Sale In McKinney

County Road 204

Building Size

84 SF

Asset Type

Development Site

Closing

Jan 20, 2026

AI

An 84.03+/- acre commercial development site located along County Road 204 in Collin County has successfully closed. This property is situated in the McKinney market, offering a substantial opportunity for commercial development.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Address: County Road 204
  • Market: McKinney
  • Acres: 84.03
  • Broker Representatives: Jordan Cortez, Mason John & Reid Pierce - Vanguard Real Estate Advisors

Vanguard Real Estate Advisors ("VREA") represented the Seller in this transaction, showcasing their ongoing commitment to connecting clients with significant investment opportunities. VREA specializes in a wide range of real estate advisory and transactional services across various asset classes, supported by their headquarters in Dallas and a national service approach.

Players

Jordan Cortez

Vanguard Real Estate Advisors

Broker

19 deals

Broker

Van Alstyne Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93