Page 2 - Melissa - Large Tract_Neat
P. 2

THE OPPORTUNITY
                                                                            COMMERCIAL MIXED-USE LAND
            JLL is pleased to present a great opportunity at the
            intersection of Highway 121 and N Central
            Expressway in Melissa, TX. This 90 acre                   Size:              +/-90 acres
            development site is well situated as the first land
            parcel accessible by the exit ramp off of N Central       Closest major      US 75 and Highway 121
            Expressway. This would be the perfect stopping            intersection:
            point for commuters heading home to stop and                                 US 75:        47,911 VPD
            pick up their daily and weekly needs.                     Traffic counts:    TX 121:       11,522 VPD
                                                                                         TX 5:           6,427 VPD
            The site is rectangular in size and has frontage on
            two sides. Melissa is located in close proximity to a     Zoning:            AG
            notable residential population in both Anna and           Utilities:         Available to site
            McKinney. Trinity Falls, a new residential
            development, is located only one mile away and            Price:             Available upon request
            lends itself to a variety of opportunities. Phase 1 of
            Trinity Falls includs 527 residential lots and Phase
            II, which is under construction, has 462 lots
            planned. The closest grocery store, or shopping of
            any kind in Melissa is 5 miles away and requires                                One Mile  Three Miles  Five miles
            driving on a major highway. As a retail                 POPULATION
            development, this property makes sense.                 2016 Total population    3,658       7,933        25,225

            Melissa is the latest community to boom in              2021 Population*         3,859       8,926        28,135
            Northeast Collin County. Melissa is a fast growing      Pop growth 2016-2021*    12.12%      12.52%       11.54%
            family-friendly community  only 35 miles north of       Average age                33          35           34
            Downtown Dallas.  Its close proximity to Dallas
            and it’s major thoroughfares offer easy access to
            all parts of the Metroplex.                             2016 Total households     868        2,579        7,620
                                                                    HH growth 2016-2021*     12.68%      12.64%       12.15%
            This development is a unique opportunity to create      Median HH income        $92,796     $87,672      $71,893
            a regional shopping center in North Collin County,
            one of the fastest growing and most prosperous
            counties in Texas.                                      Median home value       $256,111    $246,690     $264,675
                                                                    Median year built         2004        2002         2001

                                                                     *Estimates







  2                                                                                                       2
   1   2   3   4   5   6   7