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Property profile & analytics
OFF-MARKET
Commercial real estate

2801 Mckinney St Melissa, TX 75454

1,660 SF 5.19 ac lot Built 1972
Entity Owned 26-yr Hold Free & Clear
Property ID
US82-4154988
Property summary
AI-generated overview

Brand new Melissa Gateway Village offers exceptional office space in a vibrant mixed-use development. Located at 2801 McKinney St, Melissa, TX 75454, this 58,000 square foot complex sits on five acres, conveniently positioned on the west side of Highway 5 between Fannin Road and Harrison Street. The development features a blend of retail, restaurant, and office spaces, designed with a charming, turn-of-the-century architectural theme reminiscent of a downtown overlay district. Anchored by an Ace Hardware and a Hope Coffee Shop, this thriving community offers multiple suites ranging from 800 to 10,000 contiguous square feet, perfect for businesses of all sizes. The property boasts modern amenities, including readily available power. Zoned PD - City of Melissa, Collin County, this location provides easy access to major roadways and a growing population. No smoke shops or vape shops are permitted. This is a unique opportunity to establish your business in a brand-new, high-quality development within a rapidly expanding Texas market. The building was completed in 2024 and offers a variety of tenancy options. The property is easily accessible and visible from Highway 5. Invest in a thriving community and secure your space in this premier location today.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1972
Total area 1,660 SF
Lot 5.19 ac (226,294 SF)
Zoning code PD
APN R-12966-001-0010-1
UPID US82-4154988
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
HOPE DEVELOPMENT PARTNERS 3 LLC
HOPE DEVELOPMENT PARTNERS 3 LLC
Zoning & alternative use
PD · Melissa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Credit Union Automobile Sale, Leasing, New Automobile Sales, Used Automobile Repair, Minor Automobile Repair, Major Beauty Salon/Barber Shop Alcoholic Beverage Sales Accessory Structure Parking Requirement Based on Use PD - Planned Development District SUP - Specific Use Permit CC/O - Commercial Corridor Overlay District DOD CMU - Downtown Overlay District (…

Zone name Planned Development District
General category PLANNED_DEVELOPMENT
Zone area 3,550.41 ac
Source Zoning | Melissa, TX
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