650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
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650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
650 S STATE HIGHWAY 5
For Sale

650 S STATE HIGHWAY 5

650 S STATE HIGHWAY 5, Fairview, TX 75069

$3,200,000
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.

7.4 Acres lot

Sarah Haskins

Sarah Haskins

Courtney Peugh

Courtney Peugh

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area7.4 Acres
  • MLS® ID21223137
  • TypeLand
  • NeighborhoodFairview
  • Elementary SchoolJesse Mcgowen
  • Middle SchoolFaubion
  • High SchoolMckinney
  • School DistrictMcKinney ISD

Exterior

  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Available, Water Available
  • lot featuresAcreage, Corner Lot, Few Trees, City Lot
  • sewerPublic Sewer

Financial

  • Sales Price$3,200,000
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Thank you for your interest in 650 S STATE HIGHWAY 5, Fairview, TX 75069. We are reviewing your request and will be in touch shortly!

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