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2401 Mckinney St Melissa, TX 75454
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Property profile & analytics

2401 Mckinney St Melissa, TX 75454


  • Commercial real estate
  • 9,301 SF
  • 1.85 lot acres
Retail Strip Center For Lease For Lease
$38 SF/Yr
20,000 SF

Retail Strip Center For Lease

Retail strip center with highway frontage, estimated delivery Q2 2027.

2401 McKinney St, Melissa, TX 75454
View Listing
Property ID
US83-0757527
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$600,000
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 2401 Mckinney St

Year built
2015
Lot size
1.85 lot acres
Property size
9,301 SF
Property type
Commercial real estate
APN
R-10898-001-0010-1
APU
R1089800100101

Description

This exceptional retail opportunity in Melissa, Texas, presents a ±12,400 square foot building featuring two endcap drive-thrus. Ideally situated at 2401 McKinney St, 75454, in Collin County, this property offers unparalleled access to a thriving community. The building is directly across the street from a planned Walmart Supercenter, ensuring high visibility and significant foot traffic. Its strategic location within the Legacy Ranch residential development provides a built-in customer base. Melissa boasts impressive population growth, increasing from 8,000 residents in 2015 to 25,201 in 2023, representing a remarkable 17.6% annual growth rate. This translates to a significant and under-served retail market, presenting a unique chance for businesses to capitalize on this expanding demographic. The property is classified as retail and restaurant space with multiple tenancy options. Lease rates are available upon request. This is an exceptional opportunity to establish a presence in a rapidly growing Texas market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $525,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $672,000
    Market price range: $313k - $1.74M

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Melissa
County
Collin
State
Texas
Longitude
-96.5772
Latitude
33.2811
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$31,173
$483,882
$1,006,118
$1,490,000
-
$483,882
$1,006,118
$1,490,000
View Listing
More about this property
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