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Commercial Land Development Tract
For Sale
$7,000,000

985 Cr-364, Melissa, TX 75454

LAND - Melissa, TX

Property SizeContact for details
Lot Size23.13 Acres
Days on Market40

Property Features for 985 Cr-364

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Jacob Gragg Surv Abs #339
Lot features Acreage
Elementary school Highland
Middle school East Cardinal,Melissa Ridge
High school Melissa
Elementary school district Melissa ISD
Middle school district Melissa ISD
High school district Melissa ISD
Directions From US-75, exit onto Melissa Road and head east. Continue through the intersection at McKinney Street, then turn left onto County Road 364. Follow County Road 364 for approximately one mile. The property will be on your right.
Standard status Active
APN R633900000201
Lot size 23.13 Acres

Taxes and HOA fees

Tax Description ABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126
Tax Annual Amount 9995
Legal Description ABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126
Listing Agency: eXp Realty LLC
Listed By: Rebekah Elliott · License #0724804
Added: Jun 30 Changed: Aug 1 Last Checked: Aug 8 at 10:06PM
MLS# 21298779

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Commercial land development tract totaling 23.126 acres located in the Melissa ETJ. The property’s layout supports a range of commercial development concepts, subject to zoning and municipal approval.

Site access and connectivity are supported by adjacency to the Collin County Outerloop, along with proximity to Highway 5 (about 2–3 minutes) and US Highway 75 (about 5 minutes). The property is also described as directly across from the new planned Wolf Creek Farms build-to-rent community.

With its position within a growth corridor and surrounding residential development activity, the tract is presented as suitable for multiple use types, including mixed-use, commercial, retail, office, medical, daycare, restaurant, and service-oriented development, subject to applicable approvals.

Key Highlights

  • 23.126‑acre commercial land tract in the Melissa ETJ
  • Directly across from the new planned Wolf Creek Farms build‑to‑rent community
  • Backs up to the Collin County Outerloop

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Real Estate Agency Grocery & Convenience Store Tech Support Center Bakery Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 75454, TX

16,252
Population
6,289
Households
2.6
Avg Household Size
33
Median Age
51%
College-Educated
95%
High-School Grad
21.4 sq mi
ZIP Area
759
Density / Sq Mi
$135,556
Median Household Income
$64,368
Median Earnings
$2,262
Median Rent
$421,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Large tract in the Melissa ETJ totaling 23.126 acres, with access to Collin County Outerloop and nearby Highway 5 and US 75.
Where is this commercial land located?
The property is located at 985 Cr-364 Melissa, TX.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 23.126‑acre commercial land tract in the Melissa ETJ; Directly across from the new planned Wolf Creek Farms build‑to‑rent community; Backs up to the Collin County Outerloop
More about this property
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