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    & TX-5 Swq Melissa Rd Melissa, TX 75454

    Sponsored
    For Lease
    Contact for pricing

    Prime Collin County retail space available.

    Lot size:
    29,494 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, known as Melissa – Legacy Ranch, presents a compelling investment opportunity in the thriving Collin County market, Texas. Located at the strategic intersection of SWQ Melissa Rd and TX-5, this property boasts a total building area of 29,494 square feet and comprises two suites. Currently, there is 12,423 square feet of vacant space available, offering significant potential for expansion or new tenancy. The property is ideally suited for multiple tenants, with flexible space options ranging from a minimum divisible area of 5,727 square feet to a maximum contiguous space of 6,696 square feet. This prime location in Melissa, TX (zip code 75454) offers excellent visibility and accessibility, making it an attractive destination for businesses seeking a strong presence in a rapidly growing area. The property's commercial zoning allows for a variety of retail uses, providing flexibility for potential tenants. This is a rare opportunity to secure a well-positioned retail space in a high-demand market. The property's size and layout offer a unique opportunity for businesses seeking a prominent location in Collin County. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.

    Property Features for & TX-5 Swq Melissa Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,494 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,696 SF
    Space
    Available Space
    Size
    5,727 SF

    HighLights

    • 12,400 SF retail building with two endcap drive‑thrus.
    • 6,696 SF retail space with endcap drive‑thru available for lease.
    • 5,727 SF office building available for sale or lease.
    • Seeking medical users.
    • 11,367 SF office building delivering Fall 2024.
    • Across from a planned Walmart Supercenter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.574715
    Latitude
    33.2844667

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    FAQs

    What type of property is this?
    Retail property - Prime Collin County retail space available.
    Where is this retail property located?
    The property is located at & TX-5 Swq Melissa Rd Melissa, TX.
    What are key features of this property?
    This property features: 12,400 SF retail building with two endcap drive-thrus.; 6,696 SF retail space with endcap drive-thru available for lease.; 5,727 SF office building available for sale or lease.
    Request Owner's contact information
    & TX-5 Swq 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
    & TX-5 Swq Melissa Rd Melissa, TX 75454
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