1218 Sam Rayburn Hwy Melissa, TX 75454-2215
This exceptional 2.9-acre commercial land parcel presents a unique investment opportunity in the thriving city of Melissa, Texas. Located at 1218 Sam Rayburn Highway, this property boasts a highly desirable General Commercial zoning designation, offering unparalleled flexibility for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for significant build-out potential to suit diverse business needs. Its single-tenant designation simplifies development and management, making it an attractive option for businesses seeking a dedicated space. Situated in Collin County, this property benefits from the area's robust economic growth and strategic location, providing easy access to major transportation routes and a growing consumer base. The address, 1218 Sam Rayburn Highway, Melissa, TX 75454, places the land in a highly visible and accessible location, ensuring maximum exposure for any future development. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area, offering significant long-term growth potential. The property is ready for immediate development, presenting a blank canvas for a discerning investor or business owner seeking to establish a strong presence in the Melissa market. The 2.9-acre lot provides ample space for a variety of commercial uses, making it an ideal investment for both short-term and long-term growth strategies. This is a prime location for businesses seeking visibility and accessibility in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMM · Melissa, TXCosts & 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.