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    OFF-MARKET
    Mobile home & RV parks

    840 Bartlett Rd, Melissa, TX 75454

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mobile home & RV parks
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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