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Commercial Pad Site

1218 State Hwy 121, Melissa, TX 75454

For Lease
Contact for pricing

Positioned across from a slated H-E-B, with new residential projects underway in the surrounding market.

Space SizeContact for details
Lot Size2.90 Acres
Days on Market1132

Property Features for 1218 State Hwy 121

General Information

Standard status Active
Lot size 2.90 Acres
Property subtype LAND

Spaces For Lease

at 1218 State Hwy 121
Melissa Pads AVAILABLE, Now
Floor 1
Type LAND
Rate Contact for pricing
Sublease No
- Ground lease/BTS opportunities in the quickly growing market of melissa. - Strategically located across from the newly slated H-E-B, opening in 2025, this 2.9 acre pad can be delivered q1 2025. - Two new major retailers announced: H-E-B & Walmart Supercenter. - New single family and multifamily projects underway.
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Listing Agency: SRS Real Estate Partners - Corporate
Listed By: Daniel Poku · License TX #644631
Source: Moodyscre
Added: Oct 5, 2023 Changed: Nov 5 Last Checked: Nov 8 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Corporate

Rey
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Investment Insights

Based on property information with market context.

This 2.9-acre commercial land parcel at 1218 State Hwy 121 in Melissa, Texas, offers ground lease and build-to-suit opportunities. The pad can be delivered in Q1 2025, supporting planning for future commercial development.

The property is positioned across from a newly slated H-E-B scheduled to open in 2025. Walmart Supercenter and H-E-B have both been announced as major retailers for the market, while new single-family and multifamily projects are underway.

Key Highlights

  • 2.9‑acre commercial pad site in Melissa, Texas
  • Located across from a newly slated H‑E‑B scheduled to open in 2025
  • Ground lease and build‑to‑suit opportunities

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Law Firm HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Collin County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Positioned across from a slated H-E-B, with new residential projects underway in the surrounding market.
Where is this commercial land located?
The property is located at 1218 State Hwy 121 Melissa, TX.
What are key features of this property?
This property features: 2.9‑acre commercial pad site in Melissa, Texas; Located across from a newly slated H‑E‑B scheduled to open in 2025; Ground lease and build‑to‑suit opportunities
(214) 560-3294 Call to check price and availability
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