0 S.h. 121 &, Melissa, TX 75454
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.