3409 Fannin Rd, Melissa, TX 75454

$600,000

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List Price
$600,000
MLS#
21362661
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2003
Construction Status
Preowned
Acres
0.32
County
Collin
City
Melissa
Subdivision
Melissa Original Donation

Property Description

Potential Use: Pet Hotel, coffee shop, attorney’s office, hair salon, day care Highlights: - Confirmed CMU entitlement — retail conversion is a permitted use, not a rezoning gamble - OLD TOWN future land use designation supports long-term adaptive reuse vision - 3-minute trade area population growing 4.65% annually (10- min ring at 5.44%) - Median household income of $158,552, projected to reach $179,997 by 2031 - Dining and retail spending indices 60%+ above national average - Nearly 5,000 daytime population in immediate trade area - SH 121 traffic volumes nearly doubled since 2018, with continued acceleration

Additional Information

Unexempt Taxes
$4,233
Tenant Pays
Other
Lot Size
13,939
Acres
0.32
Flooring
Vinyl
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Garage - Single Door, Driveway, Garage Faces Front, Garage
Possession
CloseOfEscrow
Proposed Use
Other
Inclusions
Building Only, Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Salvador Lopez from Coldwell Banker Apex, REALTORS. Contact: 214-923-2798

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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