For Sale
$5,150,970

Swq Melissa Rd & Mckinney St Melissa, TX 75454

10.75 Acres, $5.15M, High Growth

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 10.75-acre tract of land presents a unique investment opportunity in the thriving city of Melissa, Texas. Located at the intersection of SWQ Melissa Road and McKinney Street, this property boasts convenient access to major transportation arteries, including Sam Rayburn Highway and I-75, ensuring seamless connectivity for businesses and residents. The land is zoned for both agricultural and commercial uses, offering considerable flexibility for development. The asking price is $5,150,970, translating to $11 per square foot. This strategic location places the property within the heart of Melissa's rapidly expanding community, a region experiencing significant residential growth with over 6,000 single-family and 872 multi-family units planned. While on-site detention is required, the potential for substantial return on investment is undeniable, given the area's robust development trajectory and prime location. This property is ideal for developers seeking a foothold in a burgeoning market or investors looking for a strong, long-term asset. The property's size and location make it suitable for a variety of commercial ventures, capitalizing on the area's increasing population and demand for commercial space. Serious inquiries are encouraged. The zip code is 75454.

Highlights

  • $5,150,970 asking price.
  • 10.75-acre land parcel.
  • $11 per square foot land value.
  • Located near Sam Rayburn Hwy and I-75, offering excellent access to major transportation routes.
  • Situated in rapidly growing Melissa, TX, with significant residential development planned.

Property Details for 0 Swq Melissa Rd & Mckinney St

Property type
Land, Farms
Lot Size (sq. ft)
468,270 SF

Location Insight

City
Melissa
County
Collin
State
Texas
Latitude
33.284064906756
Longitude
-96.580149485505
Swq Melissa Rd & Mckinney St, Melissa, Texas

FAQs

What type of property is this?
Land - 10.75 Acres, $5.15M, High Growth
Where is the land located?
The property is located at Swq Melissa Rd & Mckinney St Melissa, TX.
What is the asking price?
The asking price for this property is $5,150,970.
What are key features of this property?
This property features: $5,150,970 asking price.; 10.75-acre land parcel.; $11 per square foot land value.
How can I contact the broker?
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0 Swq Melissa Rd & Mckinney St
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