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1736 Milrany Ln - Milrany Mixed Use Development Site - 24.66 Ac 24.66 Acres of Residential Land in Melissa, TX 75454
Investment Highlights
- Multifamily Development
- Self-storage
- Path of growth in Melissa, TX near 75 and national retailers
- 55+ Development
- Retail Development
Executive Summary
The development includes approximately 17.24 acres of multifamily zoning across two tracts, allowing for up to 458 residential units. The remaining commercial tracts are planned for retail, daycare, and self-storage uses, creating a diversified mixed-use environment positioned to support long-term growth and daily consumer demand.
Located approximately one mile from Melissa High School, the property benefits from strong surrounding demographics, continued residential expansion, and significant retail momentum throughout the area. Major national retailers including Kroger, Walmart, Bucee’s, and H-E-B are located within close proximity, alongside expanding retail corridors.
Tract 1: 2.41 acres (proposed retail)
Zoning: C-2 / General commercial
Tract 2: 2.4 acres (proposed daycare)
Zoning: C-2 / General commercial
Tract 3: 2.57 acres (proposed self-storage)
Zoning: C-2 / General commercial
Tract 4: 3.26 acres (age restricted 55+)
Zoning: Multifamily, up to 140 units
Tract 5: 13.98 acres (multifamily)
Zoning: Multifamily, up to 318 units
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 24.66 AC |
| Zoning | C2, MF - Planned Development Zoning, C2, and Multifamily | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 24.66 AC |
| Zoning | C2, MF - Planned Development Zoning, C2, and Multifamily |
1 Lot Available
Lot
| Lot Size | 24.66 AC |
| Lot Size | 24.66 AC |
This 24.66 acre mixed-use development opportunity is strategically positioned within one of the fastest growing corridors in North Texas, offering a well-balanced combination of multifamily, retail, daycare, and commercial development potential.
Description
Tract 1: 2.41 acres (proposed retail) Zoning: C-2 / General commercial Tract 2: 2.4 acres (proposed daycare) Zoning: C-2 / General commercial Tract 3: 2.57 acres (proposed self-storage) Zoning: C-2 / General commercial Tract 4: 3.26 acres (age restricted 55+) Zoning: Multifamily, up to 140 units Tract 5: 13.98 acres (multifamily) Zoning: Multifamily, up to 318 units
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1736 Milrany Ln - Milrany Mixed Use Development Site - 24.66 Ac
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