18.27+/- Acre Development Opportunity | Melissa, TX

Vanguard Real Estate Advisors (“VREA”) is pleased to present qualified investors and developers the opportunity to acquire approximately 18.268+/- acres, consisting of 2 adjacent parcels, 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. It is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, or high density single family development.

To gain access to the Due Diligence Vault click on the link below:

https://docsend.com/view/s/bpsg8h2v3qc85apq

A 1% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.