3409 Fannin RD Melissa, TX 75454
1,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $535
Subdivision Melissa Original Donation
MLS Listing ID 21362661
Construction Status Resale
HOA Y/N No
Year Built 2003
Annual Tax Amount $4,233
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Retail
Property Description
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
Location
State TX
County Collin
Zoning Currently zoned residential. Future City zoned for Commercial Mixed Use.
Direction use GPS
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl Plank
Inclusions Building Only, Land & Improvements
Fireplace No
Exterior
Parking Features Door-Single, Driveway, Garage Faces Front, Garage
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Garage Yes
Private Pool No
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID R108402300301
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21362661