650 State Highway 5, Fairview, Texas

$3,200,000
Active
650 State Highway 5, Fairview, Texas
650 State Highway 5, Fairview, Texas
650 State Highway 5, Fairview, Texas
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Property Details

MLS ID: 21223137
Status: Active
Price: $3,200,000
Acres: 7.4±
Type: Unimproved, Land
Address: 650 State Highway 5
City, State: Fairview, TX
County: Collin County
ZIP Code: 75069
Lat/Long: 33.14486, -96.63889
Parcel Number: 2843679

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.

Directions: From 75 North, turn east onto Stacy Rd., Turn left (north) onto HWY 5 (Greenville), turn right (east) onto Meandering Way.

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Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: April 30, 2026 at 12:00:00 AM UTC

Listed By: Erin Clifford of Keller Williams Realty Allen