650 S STATE HIGHWAY 5

About this home

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 details

MLS #

1156299908

Property Type

Land

Status

Active

County

Collin

Listed

Mar 30, 2026

Price per Sqft

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