0 Lindenwood Ave Melissa, TX 75454
Exceptional retail investment opportunity in Collin County, Texas, featuring multiple pad sites and a future strip center totaling 16,394 square feet. This prime location boasts high visibility and convenient access from US-75, placing it ideally near a Buc-ee's and a future HEB grocery store, ensuring strong traffic counts and a robust customer base. The property offers five available spaces ranging in size from 1 square foot to the entire 16,394 square feet, providing flexibility for various retail concepts. The land encompasses between 0.75 and 1.63 acres, allowing for ample space and potential for future expansion. This development is situated in one of North Texas' fastest-growing cities, promising significant returns on investment. The pre-leasing of the future strip center presents a unique opportunity to secure a prime location within a thriving retail environment. The site's strategic positioning and the potential for substantial growth make this an attractive proposition for discerning investors seeking a high-impact retail investment in a rapidly expanding market. All 16,394 square feet are currently vacant, presenting a blank canvas for a developer to create a vibrant retail destination.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.