Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2545 Sam Rayburn Hwy Melissa, TX 75454

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility, 1.246-acre retail pad.

    Lot size:
    57,972 SF

    Property Features for 2545 Sam Rayburn Hwy

    General Information

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

    Spaces For Lease

    at 2545 Sam Rayburn Hwy, Melissa, TX 75454 Contact us

    We can help!

    Listing Contact
    Daniel Frid

    Listing Agency: SHOP Companies Dallas Listing Agent: Daniel Frid

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

    Learn more

    Property Insight Report

    Overview

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    -96.5648687
    Latitude
    33.2821611

    Nearby Similar for Lease

    • $23 SF/Yr
      21,780 SF

      Flexible Office Space in Melissa, TX

      Office space with expansion options in a growing area.
      1410 County Road 339, Melissa, TX 75454
      View Details
    • $10 SF/Yr
      21,780 SF

      Adaptable Flex Building in Melissa

      Well-located flex building suitable for various business uses.
      1410 County Road 339, Melissa, TX 75072
      View Details
    • $30 SF/Yr
      3,400 SF

      Retail, Medical, and Office Space

      New retail, medical, and office building near major highways.
      W Fannin Rd, Melissa, TX 75454
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space on Sam Rayburn

      Retail space with high traffic and convenient access.
      3022 Sam Rayburn Hwy, Melissa, TX 75454
      View Details
    • Contact for pricing
      3,078 SF

      Retail, Medical, and Office Space

      New retail space near 121 & 75 in Melissa, TX.
      2903 Mckinney St, Melissa, TX 75454
      View Details
    • Contact for pricing
      1,538 SF

      Retail, Medical, and Office Space

      New building near highways with restaurant space and entertainment area.
      1502 Harrison St, Melissa, TX 75454
      View Details
    • Contact for pricing
      16,394 SF

      Retail Space in Growing City

      Retail property with high visibility and easy access.
      2211 Central Expy, Melissa, TX 75070
      View Details
    • $35 SF/Yr
      10,343 SF

      New Retail Spaces For Lease

      New retail spaces available in a high-growth Texas community.
      3115 Milrany Ln, Melissa, TX 75454
      View Details
    • Contact for pricing
      11,925 SF

      Retail/Restaurant Space Near Future HEB

      Retail/Restaurant space available for lease near future HEB.
      1831 E Melissa Rd, Melissa, TX 75454
      View Details
    • Contact for pricing
      8,368 SF

      Retail/Restaurant Space Near HEB, Buc-ee's

      Shell space available near HEB and Buc-ee's.
      340 Bucees Blvd, Melissa, TX
      View Details
    • Contact for pricing
      4,586 SF

      Retail Space in Melissa, Texas

      Retail space available in a high-traffic area with ample parking.
      3114-3116 Mckinney St, Melissa, TX 75454
      View Details
    • Contact for pricing
      7,600 SF

      Proposed Mixed-Use Development in Melissa

      22-acre mixed-use development opportunity in rapidly growing Melissa, Texas.
      2750 State Highway 121, Melissa, TX 75454
      View Details

    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
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2545 Sam Rayburn Hwy
    Melissa, TX 75454
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Daniel Frid
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!