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Property profile & analytics
OFF-MARKET
Land

1548/1572 Private Road 5039 Melissa, TX 75454

Property ID
Property summary
AI-generated overview

• +/- 11.1 Acres in Melissa, TX • 1572 Private Road 5039, Melissa, TX 75454 • 1548 Private Road 5039, Melissa, TX 75454 • Two contiguous tracts of land totaling +/-11.1 acres • Rail-Served (by Dallas, Garland & Northeastern Railroad (DGNO), which was acquired by Genesee & Wyoming Railroads • Collin County • Melissa ISD • Corner of Highway 5 and PR 5039 • Zoned: AG permitted uses by City of Melissa Base Zoning District Legend for Agricultural District, includes: - single family dwelling-detached - accessory structure - temporary construction yard and field office - farm/ranch, stable, garden or orchard - governmental office, municipal uses operated by the City, park or playground - private utility - public school - solar panel system PRICING INFORMATION Includes both tracts (+/– 11.1 AC) property not divisible • $4,500,000 • $408,719.35 per acre • $9.38/SF

Property profile
Verified
Property type Land
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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