Commercial Development
For Sale
$7,000,000
985 Cr-364, Melissa, TX 75454
Land, Melissa, TX
Property SizeContact for details
Lot Size23.13 Acres
Days on Market68
Property Features for 985 Cr-364
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Subdivision
Jacob Gragg Surv Abs #339
Lot features
Acreage
Elementary school
Highland
Middle school
East Cardinal,Melissa Ridge
High school
Melissa
Elementary school district
Melissa ISD
Middle school district
Melissa ISD
High school district
Melissa ISD
Directions
From US-75, exit onto Melissa Road and head east. Continue through the intersection at McKinney Street, then turn left onto County Road 364. Follow County Road 364 for approximately one mile. The property will be on your right.
Standard status
Active
APN
R633900000201
Lot size
23.13 Acres
Taxes and HOA fees
Tax Description
ABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126
Tax Annual Amount
9995
Legal Description
ABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Rebekah Elliott · License #0724804
(972) 200-3685
Added: Jun 30
Changed: Aug 19
Last Checked: Sep 5 at 8:06PM
MLS# 21298779
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 23.126-acre commercial land tract is located within the ETJ and is subject to zoning and municipal approval. The property is positioned across from the Wolf Creek Farms build-to-rent community and backs to the Collin County Outerloop. Potential future applications identified for the site include mixed-use, commercial, retail, office, medical, daycare, restaurant, and service-oriented development, subject to applicable approvals.
Highway access is approximately 2–3 minutes from Highway 5 and about 5 minutes from US Highway 75. The site is also near a new elementary school and residential development, with connectivity to McKinney, Anna, Sherman, and the broader Dallas–Fort Worth Metroplex.
Highway access is approximately 2–3 minutes from Highway 5 and about 5 minutes from US Highway 75. The site is also near a new elementary school and residential development, with connectivity to McKinney, Anna, Sherman, and the broader Dallas–Fort Worth Metroplex.
Key Highlights
- 23.126‑acre commercial land tract
- Located in the ETJ and subject to zoning and municipal approval
- Across from the Wolf Creek Farms build‑to‑rent community
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 75454, TX
16,252
Population
6,289
Households
2.6
Avg Household Size
33
Median Age
51%
College-Educated
95%
High-School Grad
21.4 sq mi
ZIP Area
759
Density / Sq Mi
$135,556
Median Household Income
$64,368
Median Earnings
$2,262
Median Rent
$421,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in the ETJ with access to Highway 5 and US Highway 75, subject to zoning and municipal approval.
Where is this commercial land located?
The property is located at 985 Cr-364 Melissa, TX.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 23.126‑acre commercial land tract; Located in the ETJ and subject to zoning and municipal approval; Across from the Wolf Creek Farms build‑to‑rent community
