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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

& TX-5 Nec Melissa Rd Melissa, TX 75454

29,494 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, known as Legacy Ranch, presents a significant opportunity for businesses seeking a prominent location in the thriving Melissa, Texas market. Situated at the northeast corner of Melissa Road and TX-5, this single-tenant building offers 29,494 square feet of total space, with 10,000 square feet currently available for lease. The property boasts a convenient location with high visibility and excellent access to major roadways, ensuring strong foot traffic and easy accessibility for customers. The 1.06-acre lot provides ample space for parking and potential future expansion. The building's classification is retail commercial, making it ideal for a variety of businesses. Located in Randall County, Texas, with a 75454 zip code, this property benefits from the area's growing population and robust economic activity. The property's strategic location and substantial square footage make it an attractive option for businesses seeking to establish or expand their presence in this dynamic market. This is a rare opportunity to secure a prime retail space in a rapidly developing area. The property is currently available for lease and offers a blank canvas for a discerning tenant to create a thriving business. Interested parties are encouraged to inquire for further details and leasing information.

Property profile
Verified
Property type Retail properties & Spaces
Total area 29,494 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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