Property summary
This exceptional 23.28-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Melissa, Texas. Strategically located at the northeast corner of US Highway 75 and Throckmorton Road, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The ETJ (Extra Territorial Jurisdiction) zoning designates future use as Mixed-Use, opening doors to diverse possibilities, including retail, office, residential, or a combination thereof. This expansive lot offers significant potential for developers seeking to capitalize on the area's robust growth and burgeoning population. Its prime location along a major transportation artery ensures high traffic volume and excellent exposure for any commercial venture. The property's size allows for substantial development, accommodating large-scale projects with ample space for parking, landscaping, and building footprints. With its strategic location, flexible zoning, and significant acreage, this property represents a rare opportunity to establish a prominent presence in a rapidly expanding Texas market. The Collin County location adds to the desirability, offering access to a strong workforce and a thriving community. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property is located in zip code 75454.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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