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    OFF-MARKET
    Retail properties & Spaces

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

    11,500 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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