840 Bartlett Rd, Melissa, TX 75454
This exceptional 6.573-acre RV park boasts unparalleled highway frontage on Highway 121 in Collin County, Texas, just outside the city limits of Melissa (zip code 75454). Located at 840 Bartlett Rd, this property offers nine RV units and benefits from no zoning restrictions. The strategic location places it at the gateway to Melissa, Texas, a rapidly growing area experiencing significant residential and commercial development. Major retailers like Walmart and HEB are establishing a presence nearby, further enhancing the property's value and potential. The property's unique "Tomahawk Steak" configuration maximizes its highway visibility, making it ideal for a digital billboard given the high traffic volume on Highway 121. Existing water infrastructure is provided by the North Collin Water Supply Corporation. This prime location offers unparalleled exposure to the thousands of vehicles traveling daily on Highway 121, leading to Bois d'Arc Lake and benefiting from the booming single-family home construction in Melissa and Anna. The property's proximity to a new Buc-ee's gas station adds to its appeal. This is a rare opportunity to acquire a highly visible and strategically located asset in one of the fastest-growing areas of Collin County. The asking price is $3,750,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.