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    2010 Milrany Ln Melissa, TX 75454

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    For Sale
    $9,306,158

    15 acres at a hard corner, ideal for development.

    Lot size:
    15.26 Acres

    Property Features for 2010 Milrany Ln

    General Information

    Lot size
    15.26 Acres

    Building Details

    Year built
    1982

    Source: SRC Local Markets, LLC Agent Jessica Dansby

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

    Overview

    Prime Corner Land for Development

    This 15-acre plot of land is located at the hard corner of Milrany Lane and Eaglestone. The property includes 2010 Milrany Land and 2030 Milrany Lane. The commercial zoning allows for a range of potential uses, such as retail stores, office buildings, restaurants, or a mixed-use development. The property benefits from high visibility and accessibility due to its location near two neighborhoods and an elementary school.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.5464931
    Latitude
    33.2752851

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    FAQs

    What type of property is this?
    Land - 15 acres at a hard corner, ideal for development.
    Where is this land located?
    The property is located at 2010 Milrany Ln Melissa, TX.
    What is the asking price?
    The asking price for this property is $9,306,158.
    What are key features of this property?
    This property features: - 15-acre plot on hard corner of Milrany and Eaglestone.; - Commercial zoning allows for a wide range of development possibilities.; - High visibility and accessibility due to corner location.
    Request Owner's contact information
    2010 Milrany Ln Melissa, TX 75454
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    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
    2010 Milrany Ln Melissa, TX 75454
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