Located in Historic Downtown McKinney

Tuesday, March 07, 2006

Compass Bank

This is the tract of land that sits at the NE corner of Stonebridge and Virginia that Compass has purchased and will develop a new bank. The CAD currently is assessing the land at $566,000 an acre. The adjoining tract is owned by Panda Express who plans on building one of their fast food restaurants on the lot. It also is appraised at nearly $560,000 an acre. They currently have a location in Frisco.

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