Property profile

0 Melissa - Nwq & Swq - Telephone Rd & Crk 282 Melissa, TX 75454

OFF-MARKET
Land
234 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 234-acre commercial land tract presents a unique investment opportunity in the rapidly growing city of Melissa, Texas. Located in Collin County, this property boasts a highly desirable Melissa ETJ zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size offers ample space for large-scale projects, catering to diverse needs. Strategic positioning near the intersection of Telephone Road and County Road 282 ensures excellent visibility and accessibility. Furthermore, the property benefits from proximity to major transportation arteries, with U.S. Highway 75 registering 74,280 vehicles per day and TX State Highway 121 recording 24,396 vehicles per day, guaranteeing high traffic exposure for any future development. Infrastructure is readily available, including a South Grayson Water Supply Corporation water line and sewer services located approximately 0.75 miles south on Telephone Road within the City of Melissa. This prime location, combined with its substantial size and advantageous zoning, makes this property an ideal choice for developers seeking a significant land acquisition in a thriving Texas market. The 75454 zip code further underscores its strategic location within a dynamic and expanding region. This is a rare opportunity to secure a substantial land parcel with significant development potential in a high-growth area.

Property profile

Verified
Property type Land
Lot 234 ac (10,193,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Melissa - Nwq & Swq - Telephone Rd & Crk 282 Melissa, TX 75454
Melissa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Melissa - Nwq & Swq - Telephone Rd & Crk 282?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message