2401 Mckinney StMelissa, TX 75454
- Commercial real estate
- 9,301 SF
Property Details for 2401 Mckinney St
- Year built
- 2015
- Lot size
- 1.85 AC
- Property size (Sq ft)
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,344,547
- Hospitality
- $2,147,592
- Educational
- $1,786,772
- Medical
- $1,848,222
- Retail
- $2,779,423
Location Insight
- City
- Melissa
- County
- Collin
- State
- Texas
- Latitude
- 33.2811
- Longitude
- -96.5772
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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