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    OFF-MARKET
    Land

    0 S.h. 121 &, Melissa, TX 75454

    5.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.7-acre agricultural property is located at the Northwest corner of State Highway 121 and State Highway 5 in Melissa, Collin County, Texas, zip code 75454. The land is zoned AG - Agricultural, offering a variety of potential uses within this designation. Situated in one of North Texas' fastest-growing areas, this site boasts unparalleled visibility due to its strategic location at the intersection of two major highways. The property offers easy access to US 75, TX 121, and TX 5, providing convenient connectivity to the surrounding communities of Melissa and McKinney. This presents a unique opportunity for investors seeking land with high growth potential in a rapidly developing region. The asking price is negotiable. The property's coordinates are 33.2673763 latitude and -96.5865054 longitude. This is a remarkable opportunity to acquire land in a prime location with significant future prospects.

    Property profile
    Verified
    Property type Land
    Lot 5.7 ac (248,292 SF)
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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