TBD State Hwy 5, Melissa, Texas, 75454
$2,450,250
3.75 Acres
#21193085
Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.
PROPERTY FEATURES
- Utilities : Electricity Available
- Lot Features : Acreage
- Road Frontage Type : City Street
- Current Use : Agricultural,Pasture
- Zoning Description : Current state code D1 Qualified Ag Land
- Title Company Preferred: Red River Title, Anna
PROPERTY DETAILS
ID: 21193085
Status: Active
Price: $2,450,250
Acres: 3.75 Acres
Price Per Acre: $653,400
Type: Lot and Land
Address: TBD State Hwy 5
City, State: Melissa, Texas
County: Collin
Zip Code: 75454
Lat/Long: 33.28935, -96.572594
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