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    2545 Sam Rayburn Hwy Melissa, TX 75454

    Sponsored
    For Lease
    Contact for pricing

    High-visibility, 1.246-acre retail pad.

    Lot size:
    57,972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.246-acre commercial pad site is strategically located in the heart of Melissa, Texas, at the southeast corner of Sam Rayburn Highway and Melissa Road (FM 545). Boasting a total building area of 57,972 square feet, the property currently features one suite, with a significant 54,276 square feet currently vacant, presenting a unique opportunity for development or expansion. The site's prime location offers unparalleled visibility and accessibility, out-positioning the dominant retail and restaurant intersection. Situated in Collin County, this property provides easy access for customers and employees alike. The address is 2545 Sam Rayburn Hwy, Melissa, TX 75454. This is a multi-tenant property type, ideal for a variety of retail uses. The property's size and location make it an attractive investment opportunity for businesses seeking high visibility and convenient access in a rapidly growing area. The land offers significant potential for development, catering to a range of commercial needs. This is a rare opportunity to secure a prominent location in a thriving Texas market.

    Property Features for 2545 Sam Rayburn Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,972 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    54,276 SF

    HighLights

    • 1.246‑acre commercial pad site in Melissa, TX.
    • Drive‑thru permitted.
    • 57,972 SF building, 54,276 SF vacant.
    • Located at the high‑visibility corner of Sam Rayburn Hwy and Melissa Rd (FM 545).
    • Multi‑tenant property ideal for retail.
    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
    -96.5648687
    Latitude
    33.2821611

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    FAQs

    What type of property is this?
    Land - High-visibility, 1.246-acre retail pad.
    Where is this land located?
    The property is located at 2545 Sam Rayburn Hwy Melissa, TX.
    What are key features of this property?
    This property features: 1.246-acre commercial pad site in Melissa, TX.; Drive-thru permitted.; 57,972 SF building, 54,276 SF vacant.
    Request Owner's contact information
    2545 Sam Rayburn Hwy 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
    2545 Sam Rayburn Hwy Melissa, TX 75454
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