$5,769,217

NA, Melissa — 73 days on the market.

Vanguard Real Estate Advisors (“VREA”) is pleased to present qualified investors and developers the opportunity to acquire approximately 18.268+- acres located along Milrany Lane, in the rapidly growing city of Melissa, Texas. Approximately 6+- acres is zoned SF-3, which permits single-family development with minimum lot width of 60’. The remaining 12.27+- acres is zoned Agricultural. The Site is located less than a mile southeast from State Highway-121, providing rapid access to McKinney and the greater North Texas area. Exponential growth and ongoing development in Melissa makes this Site highly desirable. The Site is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, and high density single family development. At an asking price of only $7.25 per square foot ($5,769,217 total) the Site represents a unique opportunity to purchase an exceptionally located property in one of DFW’s fastest growing areas.

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.