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Mixed-Use

Ruisseau Dr Development

Ruisseau Dr, Plano, TX 75023

Listing Price: Request For Offer

Lot Size
2.08 acres
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale Ruisseau Dr Development located in Plano, Texas. The subject property features 2.08 acres (90,657 square feet) of land ideal for new hotel, retail, or office development. The current zoning is Corridor Commercial (CC) which, according to the city of Plano zoning districts and uses, is intended to provide for retail, service, office, and limited manufacturing uses within major regional transportation corridors. The regulations and standards of this district are reflective of the high-traffic volumes and high visibility of these regional highways.

Plano, Texas is the largest city in Collin County and boasts a thriving economy, award-winning schools, over 1,000 restaurants, and is recognized as one of the safest and most desirable places to live and work. There are five major business parks in Plano, which also home to multiple Fortune 500 company headquarters, including Samsung, State Farm, Hewlett Packard Enterprises, PepsiCo, and many more. Plano was named one of the Safest Cities in America and Best Run Cities in America. (www.plano.gov)

The site is located just off the heavily traveled North Central Expressway, which extends from Woodall Rogers freeway in Dallas, Texas to the Sam Rayburn Tollway in McKinney, Texas. The North Central Expressway also travels through popular districts including Uptown, Cityplace, Lower Greenville, NorthPark Center, and the Telecom Corridor. Additionally, the property is located adjacent to the new Legacy Central redevelopment project.

Overall, Ruisseau Dr Development provides an investor the opportunity to develop new hotel, retail center, or office; proximate to new developments, with convenient access to major thoroughfares such as North Central Expressway. With an average household income exceeding $131,000 within a five-mile radius, the subject property allows the potential to be a part of the strong demographics in the area with the potential to capture rising rents in one of the Dallas-Fort Worth metroplex's top suburban markets.

Investment Highlights

  • Prime Plano, Texas Development Opportunity
  • 2.08-Acre Site | 90,657 Square Feet Total
  • Convenient Access to North Central Expressway (Highway 75)
  • Hotel Concept Approved for Site
  • Average HH Income Exceeds $131,000 Within 5-Mile Radius
  • Zoned Commercial Corridor (CC) | Ideal for Multiple Commercial Uses

Exclusively Listed By

Financing By

Mixed-Use

Ruisseau Dr Development

Listing Price: Request For Offer

Lot Size
2.08 acres
Land Type
Redevelopment

Investment Highlights

  • Prime Plano, Texas Development Opportunity
  • 2.08-Acre Site | 90,657 Square Feet Total
  • Convenient Access to North Central Expressway (Highway 75)
  • Hotel Concept Approved for Site
  • Average HH Income Exceeds $131,000 Within 5-Mile Radius
  • Zoned Commercial Corridor (CC) | Ideal for Multiple Commercial Uses

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale Ruisseau Dr Development located in Plano, Texas. The subject property features 2.08 acres (90,657 square feet) of land ideal for new hotel, retail, or office development. The current zoning is Corridor Commercial (CC) which, according to the city of Plano zoning districts and uses, is intended to provide for retail, service, office, and limited manufacturing uses within major regional transportation corridors. The regulations and standards of this district are reflective of the high-traffic volumes and high visibility of these regional highways.

Plano, Texas is the largest city in Collin County and boasts a thriving economy, award-winning schools, over 1,000 restaurants, and is recognized as one of the safest and most desirable places to live and work. There are five major business parks in Plano, which also home to multiple Fortune 500 company headquarters, including Samsung, State Farm, Hewlett Packard Enterprises, PepsiCo, and many more. Plano was named one of the Safest Cities in America and Best Run Cities in America. (www.plano.gov)

The site is located just off the heavily traveled North Central Expressway, which extends from Woodall Rogers freeway in Dallas, Texas to the Sam Rayburn Tollway in McKinney, Texas. The North Central Expressway also travels through popular districts including Uptown, Cityplace, Lower Greenville, NorthPark Center, and the Telecom Corridor. Additionally, the property is located adjacent to the new Legacy Central redevelopment project.

Overall, Ruisseau Dr Development provides an investor the opportunity to develop new hotel, retail center, or office; proximate to new developments, with convenient access to major thoroughfares such as North Central Expressway. With an average household income exceeding $131,000 within a five-mile radius, the subject property allows the potential to be a part of the strong demographics in the area with the potential to capture rising rents in one of the Dallas-Fort Worth metroplex's top suburban markets.

Exclusively Listed By

Financing By

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