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    75 & Melissa Rd Melissa, TX 75454

    For Sale
    Contact for pricing

    2.64 Acres, Excellent Location, PD Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.64-acre commercial land parcel presents a remarkable opportunity for development in the thriving city of Melissa, Texas. Located at the strategic intersection of US 75 and Melissa Road, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The site is zoned PD, offering flexibility for various development plans. Situated in Collin County, the property benefits from a desirable location within a rapidly growing area, experiencing significant population and economic expansion. The 75454 zip code further underscores the property's strategic position within a dynamic and prosperous region. With its expansive acreage and prime location, this land parcel represents a unique investment opportunity for discerning developers and businesses seeking a high-impact presence in a burgeoning market. The property's size and zoning provide ample room for creative development concepts, catering to a diverse range of commercial needs. This is a rare chance to acquire a substantial land holding in a highly sought-after location, poised for significant future growth and return. Detailed site plans and zoning information are readily available upon request.

    Property Features for 0 75 & Melissa Rd

    General Information

    Property type
    Land
    Lot Size
    114,998 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.5930173
    Latitude
    33.281297

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    FAQs

    What type of property is this?
    Land - 2.64 Acres, Excellent Location, PD Zoning
    Where is this land located?
    The property is located at 75 & Melissa Rd Melissa, TX.
    (214) 526-3626
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    75 & Melissa Rd 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
    75 & Melissa Rd Melissa, TX 75454
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