Melissa Land Development Site

Melissa Land Development Site

View Offering Memorandum and Financials

Offering Summary:

  • Location: Melissa, TX
  • Units: 11.01 Acres

Investment Highlights:

  • ​​​​​​​IPA Texas is pleased to present the exclusive listing of the Melissa Institutional Development Site, which consists of approximately 11.01 acres in Melissa, Texas. The site offers a new investor the exciting opportunity to develop in one of Dallas/Fort Worth’s hottest northern suburbs. Since 2010, Melissa’s population has increased by nearly 250 percent and has resulted in an exceptional demographic profile. The city boasts an average home price of over $425,000 and average household income exceeding $130,000. The site is located just off State Highway 5, which provides quick access to Interstate 75, a major north/south DFW thoroughfare.  The Interstate 75/Highway 121 interchange has been the epicenter of growth for the northern suburbs, and multiple high-end developments have recently delivered and are currently underway. Residents of Melissa less than 10 minutes from McKinney and Craig Ranch, and less than 30 minutes from Frisco, Plano, Richardson, and Denton.

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