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    2136 Melissa Rd Melissa, TX 75454

    Sponsored
    For Sale
    Contact for pricing

    Prime 6.7-acre retail site in booming Melissa, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.7-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Melissa, Texas. Zoned for future retail use, this property enjoys a strategic location at the intersection of SH 121 and Melissa Road, directly adjacent to the new Melissa Village development. The site offers excellent visibility and accessibility, benefiting from its proximity to the expanding Melissa Road (completion of US 75 to SH 121 expansion projected for 2021). Pad sites are available for sale or ground lease. This location is surrounded by a substantial residential population, with over 10,000 new housing units and residential lots nearby, including the Liberty subdivision – a 500+ acre master-planned community with over 1,200 existing households and approximately 2,000 planned homesites. Melissa's impressive population growth is projected to reach 125,000 by 2050, fueled by recent development, including 600 new single-family homes completed in 2019 and a further 7,600 currently in permitting or under construction. This property offers unparalleled potential for retail development in a thriving market experiencing significant residential expansion and population increase. The Collin County location and proximity to major roadways ensure high traffic volume and excellent visibility for any future development. Contact us for pricing information.

    Property Features for 2136 Melissa Rd

    General Information

    Property type
    Land
    Lot Size
    291,852 SF

    HighLights

    • 6.7 acres of prime retail‑zoned land adjacent to the new Melissa Village in Melissa, TX.
    • Pad sites available for sale or ground lease.
    • Excellent location near the Liberty master‑planned community (500+ acres, 2,000 lots, 1,200 existing homes).
    • Strategic SH 121 & Melissa Rd intersection, adjacent to the new Melissa Village.
    • Surrounded by over 10,000 new homes and residential lots.
    • Melissa Rd expansion (US 75 to SH 121) completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.5652023
    Latitude
    33.2833664

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    FAQs

    What type of property is this?
    Land - Prime 6.7-acre retail site in booming Melissa, TX.
    Where is this land located?
    The property is located at 2136 Melissa Rd Melissa, TX.
    What are key features of this property?
    This property features: 6.7 acres of prime retail-zoned land adjacent to the new Melissa Village in Melissa, TX.; Pad sites available for sale or ground lease.; Excellent location near the Liberty master-planned community (500+ acres, 2,000 lots, 1,200 existing homes).
    Request Owner's contact information
    2136 Melissa Rd 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
    2136 Melissa Rd Melissa, TX 75454
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