Current Use by Public Records
- Day care centers
Property Details for 0 Neq Tx-121 & Melissa Rd
- Lot size
- 22.00 lot acres
- Property type
- Day care centers
- Property subtype
- Lifestyle centers
Description
This exceptional 51,400 square foot mixed-use development opportunity is situated on a sprawling 22-acre site in the thriving city of Melissa, Texas. Located at the highly visible intersection of TX-121 and Melissa Road, this proposed project offers unparalleled access and visibility. Melissa, a rapidly growing affluent suburb just north of McKinney, boasts an impressive 18.19% annual growth rate and a population increase exceeding 65% since the last census, making it the 7th fastest-growing city in Texas. The property benefits from its location within the highly-rated Melissa ISD, attracting a strong demographic. Its proximity to established residential and commercial areas, and its placement directly across from a new Kroger development at the lighted intersection of TX-121 and Liberty Way, ensures exceptional foot traffic and brand visibility. This development is perfectly suited for a variety of uses, including retail, restaurant, and medical facilities, presenting a unique investment opportunity in one of Texas's fastest-growing markets. The lease type is NNN. This is a proposed 22-acre mixed-use development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melissa
- County
- Collin
- State
- Texas
- Longitude
- -96.5575
- Latitude
- 33.2858
