1548/1572 Private Road 5039 Melissa, TX 75454

This exceptional 11.1-acre property in Melissa, Texas, presents a unique investment opportunity. Located at the corner of Highway 5 and Private Road 5039, this land consists of two contiguous tracts totaling approximately 11.1 acres. The property boasts convenient access to Highway 5 and is served by the Dallas, Garland & Northeastern Railroad (DGNO), now part of Genesee & Wyoming Railroads. Situated in Collin County within the Melissa ISD, the land is zoned AG. Permitted uses under the City of Melissa's Agricultural District zoning include single-family dwellings, accessory structures, temporary construction yards, farm/ranch operations, gardens, orchards, governmental offices, parks, playgrounds, private utilities, public schools, and solar panel systems. The asking price is $4,500,000, translating to approximately $408,719.35 per acre and $9.38 per square foot. This property is not divisible; the sale includes both tracts. This prime location offers significant potential for various development projects, given its size, highway access, and rail service. The property's zoning allows for a range of uses, from residential to agricultural and commercial ventures. Serious inquiries are encouraged.