3121 Mckinney StMelissa, TX 75454

  • Commercial real estate
  • 1,191 SF
For Sale
$525,000 View listing

Property Details for 3121 Mckinney St

Year built
1952
Lot size
0.30 AC
Property size (Sq ft)
1,191 SF
Property type
Commercial real estate
APN
R-1088-004-005R-1
APU
R1088004005R1

Description

This exceptional 1,510 square foot office building presents a unique opportunity for businesses seeking high visibility and prime location in the rapidly growing town of Melissa, Texas. Situated on a sizable 0.24-acre corner lot, the property boasts significant highway frontage, ensuring maximum exposure to a high volume of daily traffic. Its strategic location just south of Melissa's new Town Center further enhances its desirability. The building is ideally suited for professional office suites or light retail ventures, offering ample space for various business needs. A substantial garage provides valuable additional space, perfect for storage or use as a workshop, adding significant utility to the property. The high profile and prominent address place your business at the heart of Melissa's thriving commercial sector, providing unparalleled access to the town's growing population and economic activity. This is an exceptional chance to establish a strong presence in a dynamic and expanding market, capitalizing on the significant advantages of this highly visible and conveniently located commercial property. The asking price is $525,000. Don't miss this opportunity to secure a foothold in Melissa's burgeoning commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $300,221
    Hospitality
    $275,001
    Educational
    $228,797
    Medical
    $236,666
    Retail
    $355,907
3121 Mckinney St, Melissa, Texas

Location Insight

City
Melissa
County
Collin
State
Texas
Latitude
33.2897
Longitude
-96.5728
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
$3,162
$77,467
$75,362
$152,829
-
$77,467
$75,362
$152,829

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