Property profile

5 Neq Of Us Hwy 380 & Hwy Melissa, TX 75071

OFF-MARKET
Retail properties & Spaces
11,500 SF
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Property summary

AI-generated overview

This exceptional 11,500-square-foot retail storefront, located at the northeast quadrant of US Hwy 380 & Hwy 5 in Melissa, Texas (Collin County, zip code 75071), presents a unique investment opportunity. The property sits on a sizable 1.63-acre lot and offers ample parking with 77 spaces, ensuring convenient access for customers. Currently vacant, this single-tenant space provides a blank canvas for a wide range of retail businesses. Its strategic location at a major highway intersection guarantees high visibility and significant traffic exposure, making it ideal for businesses seeking maximum brand awareness and customer reach. The building's substantial size allows for flexible floor plan configurations to accommodate diverse retail needs. The property is situated in Collin County, a rapidly growing area known for its strong economy and thriving retail sector. This presents a compelling opportunity for businesses looking to establish a strong presence in a dynamic market. The property's size, location, and parking capacity make it an attractive option for a variety of retail concepts. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Neq Of Us Hwy 380 & Hwy Melissa, TX 75071
Melissa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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