County Road 277 - Retail/Commercial Pad - Large and Small Box 2.1 - 23.3 Acre Commercial Land Lots Offered at $1,511,890 - $22,366,369 CAD Per Lot in Melissa, TX 75454

Meet market trends head-on with this multi-use development opportunity in Collin County at County Road 277 along the primary thoroughfare of a thriving region. The land assemblage borders Telephone Road, Throckmorton Creek, and Central Expressway/Highway 75. There are three main commercial tracts, with Tract 4 intended for a partnership with the local government to incorporate a public park to complement the development.

Tract 1 is positioned at the northernmost point of the assemblage and is the only tract available for both lease and sale. The parcel is designated for retail use with a preference for a big-box tenant anchor. There is room to add smaller storefront tenants or out parcels with drive-thrus. The flexible general commercial district, or C-2, zoning allows for a broad spectrum of businesses and a speedy approval process. This tract is best suited for retail use as it is the closest to Central Expressway / Highway 75 and receives exposure from around 50,000 vehicles per day.

Tract 2 has received approved zoning for up to 500 multi-family units and is encompassed by the other parcels, providing residents with a built-in hub of amenities at their doorstep. The direct highway access will allow commuters to easily reach prominent professional hubs like Plano and keep them close to the city centers of Anna and Melissa.

Tract 3 is adjacent to Tract 4, running along Telephone Road, with multiple avenues available for development. The proximity to the new retailers and apartments would form a modern mixed-use campus for office users. In addition, indoor sports complexes could use the incoming park next door, and small retailers could build here.

The city of Melissa, Anna, and Collin County are prime examples of growth and success throughout all of Texas as the Dallas-Fort Worth metro area's migration surges upward, shifting the center of gravity to places like Plano, Allen, and McKinney. Swaths of communities have sprung up in cities like Melissa and Anna in anticipation of continued growth. The low cost of living, the excellent Melissa Independent School District, the connectivity to emerging power markets, and County Road 277's strategic location between the two cities also attract new communities. This unprecedented migration is abundantly clear in demographic data, with estimates calling for a 12% population spike from 2023 to 2028 within a 5-mile radius of the assemblage. This comes after a blistering rise in population for that same area from 2010 to 2023 when the number of residents grew by 112%. These residents are also some of the highest earners in the metro area because Collin County’s median incomes consistently rank higher than the state and nation. Developers are jockeying for a position in this up-and-coming area and a Walmart-anchored 115-acre Anna Town Center project is currently being built 2.5 miles north on Highway 75. Add to the buzz and harness the speeding migratory forces by establishing a novel destination at County Road 277 today. Enquire now.