$3,032,865
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5.57 Acres Lot
SOLD DATE : 01/11/2022
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 14602584
Sold Date 01/11/22
HOA Y/N None
Year Built 1992
Annual Tax Amount $8,385
Lot Size 5.570 Acres
Acres 5.57
Property Description
PRIME REAL ESTATE for a Developer or Investor looking for 5.57 ACRES Melissa, TX just off busy SH 121, 3 miles from U.S. Hwy 75 and 2.5 miles from BUC-EES. REZONED to MULTI-FAMILY & COMMERCIAL please see attachments. Property has tremendous future development opportunities. There is a new 200 Unit Apartment complex located directly to the North of this property. Property does have a 2,368 Square Foot home with 3 BR, 3 bath and a large shop building. PLEASE NOTE THAT THERE IS ADDITIONAL LAND (LISTED BY OTHER BROKERS) AVAILABLE BY OTHER OWNERS OF 5.918 ACRES TO THE WEST AND 9.77 ACRES TO THE EAST. TOTAL LAND AVAILABLE IS 21.27 ACRES WITH THREE OWNERS OR 11.50 ACRES WITH 2 OWNERS.
Location
State TX
County Collin
Zoning Multi-Family
Direction From McKinney take 75 North to Highway 121 N to Melissa TX (exit 44) continuing on Highway 121 North. Continue on Highway 121 North Turn right on W FM 545 to E Melissa Road to 2811 E. Melissa Road. There is a 200 Unit apartment complex located directly North of the property.
Exterior
Utilities Available Electricity Available, Individual Water Meter, Septic, Underground Utilities
Street Surface Concrete
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Melissa
Middle Schools Melissa
High Schools Melissa
School District Melissa Isd
Others
Restrictions Other
Ownership of record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Murali Kodemala • Citiwide Alliance Realty
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