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    3033 Sam Rayburn Hwy Melissa, TX 75454

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    For Sale
    Contact for pricing

    New retail and restaurant development in high-growth suburb, available 2027.

    Lot size:
    1.12 Acres

    Property Features for 3033 Sam Rayburn Hwy

    General Information

    Lot size
    1.12 Acres

    Source: SHOP Companies - Corporate Agent Landry Kemp

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail and Restaurant Development Opportunity

    This new retail and restaurant development is planned for completion in March 2027. It will feature a mix of pad and shop spaces suitable for food, service, and medical tenants. The property is located at the intersection of State Highway 121 and Cascades Street, serving as a main entry point into the rapidly growing residential areas of Melissa.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.552609
    Latitude
    33.2892449

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    FAQs

    What type of property is this?
    Commercial land - New retail and restaurant development in high-growth suburb, available 2027.
    Where is this commercial land located?
    The property is located at 3033 Sam Rayburn Hwy Melissa, TX.
    What are key features of this property?
    This property features: - Located at the lighted intersection of State Highway 121 and Cascades Street.; - Serves as a main entry point into Melissa’s fastest-growing residential neighborhoods.; - New retail + restaurant development.
    (214) 398-2546
    Request Owner's contact information
    3033 Sam Rayburn Hwy Melissa, TX 75454
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3033 Sam Rayburn Hwy Melissa, TX 75454
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