For sale .798 Acres
Southeast of the intersection of Hwy 121 and Miller Rd
Melissa, Texas
+/-.798 ACRE
SUBJECT PROPERTY
A unique opportunity in one of the fastest growing communities in Texas
COMMERCIAL MIXED-USE LAND
THE OPPORTUNITY
JLL is pleased to present a fantastic development
opportunity in the heart of Melissa, TX. The
opportunity is located on the south side of the
intersection of Hwy 121 and Miller Rd. The site
has excellent access with Hwy 121 Frontage. The
site sits down the street from the master planned
community Liberty, done by Hillwood. Liberty is
now on Phase IV of its development with an
expected build out of 1,351 lots. That is a
significant population that is driving directly buy the
site every day.
The widening of Hwy 121 will be extremely
beneficial . This will create ease of accessibility to
go along with the already stellar visibility.
The highest and best use for the site is a retail
development. The City of Melissa has extremely
limited retail and this site makes sense as one of
the landmark developments for the City. As the
population continues to grow Northward along the
Hwy 121 corridor sites such as this will continue to
grow in demand.
Size:
.798 acres
Closest major
intersection:
Highway 121 and Miller Rd
Traffic counts:
TX 121:
FM 545:
Zoning:
AG
Utilities:
Available to site
Price:
Available upon request
One Mile
Three Miles
Five miles
2016 Total population
3,204
8,247
25,023
2021 Population*
3,649
9,331
30,618
13.89%
13.14%
12.42%
Average age
36.4
35.2
34
2016 Total households
1,049
2,743
6,314
HH growth 2016-2021*
25.01%
13.34%
12.99%
Median HH income
$92,856
$88,746
$73,563
Median home value
$256,049
$251,312
$265,621
2002
2003
2003
POPULATION
Pop growth 2016-2021*
Median year built
*Estimates
2
13,923 VPD
3,369 VPD
AREA SNAPSHOT
Transportation
 35 miles North of Dallas
 43 miles from DFW
International Airport
 41 miles from Love Field
 11 miles to McKinney
National Airport
Education
 Melissa ISD is a
Recognized School District,
including EXEMPLARY rated
Schools.
 Collin County Community
Colleges
 University of Texas Dallas
 Austin College
Area Medical facilities
 Baylor Medical Center at
MAJOR COLLIN COUNTY
EMPLOYERS
Alcatel
McKinney
 Methodist McKinney Hospital
 Medical Center of McKinney
Alliance Systems, Inc.
Cities within 20 miles of Melissa
 Plano
 Frisco
 McKinney
 Allen
 Richardson
 Wylie
 Prosper
 Anna
Coca-Cola North America
Cadbury Schweppes
Capital One Auto Finance
Cybex Technologies
Ericsson
EDS
Frito-Lay
JCPenney
PepsiCo
Raytheon
Toyota
+/-20 AC
SUBJECT PR
CRE
ROPERTY
DALLAS OVERVIEW
The D/FW Metroplex’ ideal business climate is due in part to the
region’s quality of life, strong economy, low cost of living, skilled
labor force, pro-business mind-set and absence of corporate and
personal income taxes. The Region has added 501,000 residents
between 2010-2014 and is projected to grow to 10,500,000 by the
year 2040. D/FW excels in passenger air travel and air cargo
operations with the nation’s third busiest airport, D/FW
International Airport; Dallas Love Field Airport, home to the largest
domestic airline in the country; and the world’s first fully industrial
airport, Fort Worth Alliance Airport.
As reported by the Dallas Economic Development department, the
region ranks among the top three U.S. metropolitan areas for
business expansions, relocations and employment growth. D/
FW’s highly educated workforce of almost three million people is
growing quickly, providing companies with an overabundance of
talent. The population growth has fueled real estate development,
as retailers and service providers expand to meet increasing
demand.
DFW FORTUNE 500 HEADQUARTERS
 Exxon Mobil
 AT&T
 Energy Transfer Equity
 American Airlines
 Fluor
 Kimberly-Clark
 HollyFrontier
 Southwest Airlines
 Tenet Healthcare
 Texas Instruments
 JC Penney
 Dean Foods
 GameStop
 D R Horton
 Commercial Metals
 Celanese
 Trinity Industries
 Dr Pepper Snapple
Group
 Energy Future
Holdings
 Alliance Data Systems
 Pioneer Natural
Resources
Toyota
Toyota North America has started construction
on their new HQ. The move will bring 5,000 jobs
to DFW, not to mention the ancillary companies
that will follow Toyota to DFW or at least open a
satellite office here.
FedEx
FedEx Office plans to move its corporate
headquarters from Dallas to the new
development in Plano known as Legacy West.
The move will consolidate 1,200 employees to a
single location.
ACCESSIBILITY
Every major city in the continental
US can be accessed within 4 hours
Liberty Mutual
Boston-based Liberty Mutual Insurance plans to
have 5,000 employees working on a new
campus in Plano by the end of 2017.
LOW HOUSING COSTS
On average, housing costs are
50% less than in other major
metropolitan areas
Home to more than 12
professional & amateur
sports leagues
Dallas Area Rapid Transit (DART)
and Trinity Railway Express (TRE)
move more than 220,000 people
across 700 mile area each day
14 night life corridors
with more than 2,500
restaurants
The Metroplex is home to 25
college and universities with
more than 300,000 students
By truck, distributors can
efficiently reach 93% of the
population within 48 hours
WHY
TEXAS
Whether you live in a major metro area or in a small town, Texas is a great place to do business or build a home. The state is
one of the most business-friendly in the United States, with low taxes, a low cost of housing and a high quality of
education. Texas is home to the largest medical center and the #2 cancer center in the nation. Three of the most affordable
cities in the U.S. are located in Texas, four cities rank in the top ten big cities for home ownership and six of the largest cities
have a cost of living below the national average. Texas continues to reign as the nation's top ‘domestic migration destination’.
There are very few states that can match the State’s current job opportunities, growth and residential quality of life.
“"Texas cities are clearly the place to be in terms of job creation, wealth
formation and overall growth.” - Forbes
No Personal Income
Tax
#1 Exporting US state
Home of 52 Fortune 500
Companies
“Texas—what else needs to be said—great people, low tax, low regulation,
great central location.” - ChiefExecutive.net
13M person labor force,
2nd highest in the country
Led nation with 457,900
jobs created in 2014
Top rated Air, Land, Sea,
Logistics infrastructure
“Texas offers us the infrastructure support and resources we need to run our
business.” - Jim Wiseman, Vice President Toyota Manufacturing of Texas
Site Selection’s Governor’s
Cup for being the state with the
most new and expanded
corporate facilities in 2014
CEOs Name Texas Best
State for Business for 10th
year in a row
Excellence in State Job
Creation and Economic
Development efforts
Top State for Infrastructure,
Exports, Natural Gas
Production and Renewable
Energy
#1 Best State for Future Job
Growth and Economic Climate
America’s Top State for
Economy & Infrastructure
148 colleges awarded
63,300 degrees in 2013
Texas ranks 15th for
lowest cost of living
Third largest share of
domestic tourism
For sale .798 Acres
Southeast of the intersection of Hwy 121 and Miller Rd
Melissa, Texas
Subject
property
FOR MORE INFORMATION, PLEASE CONTACT:
LARRY MCCORKLE
214.438.6216
[email protected]
8
MICHAEL SWALDI
214.438.6219
[email protected]
NICK HAYDEN
214.438.6488
[email protected]
2016 Jones Lang LaSalle, Inc. All rights reserved. This memorandum was created only for the purpose of providing information about the subject property and should not be construed as a binding offer to sell the property. The Offering Memorandum and the sale offering may be amended or withdrawn at any time without notice. Although information has been obtained from sources
deemed reliable, the Owner’s representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without expressed or implied
warranties of any kind.