Current Use by Public Records
- Land
Property Details for 00 Cr-365
- Lot size
- 15.24 lot acres
- Property type
- Land
Description
This exceptional 15.242-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Melissa, Texas. Located at the hard corner of W Foster Crossing and Highway 5, this property boasts significant road frontage – approximately 1000 feet along Highway 5 and over 1500 feet along W Foster Crossing, providing unparalleled visibility and accessibility. The expansive acreage offers considerable potential for a wide range of commercial developments, including multifamily housing, retail spaces, a gas station, or office buildings. The property's strategic location within Collin County, Texas, and its proximity to major transportation routes ensures convenient access for residents and businesses alike. The APN is 457829. This is a rare opportunity to acquire a large, strategically located parcel of land in a rapidly growing area, ideal for developers seeking to capitalize on the region's robust economic expansion. The asking price for this exceptional property is $5,250,000. The address is 00 CR-365, Melissa, TX 75454. This prime location offers significant potential for high returns on investment. Don't miss this chance to secure a piece of Melissa's vibrant future.
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
- -96.558
- Latitude
- 33.3201
