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Melissa, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Melissa, Texas Market population: 5K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Melissa TX Properties: 1.9400%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Melissa TX

Common questions from investors exploring commercial real estate in Melissa TX.

What's the overall investment potential of Melissa, TX, considering its demographics and economy? +
With a median household income of $90,556 and a low poverty rate of 2.0%, Melissa, TX, presents a stable investment market, further strengthened by its diverse top industries, including Manufacturing, Information, and Finance & Insurance, which can drive demand for housing. The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, also contributes to a vibrant community. Additionally, the high health insurance coverage rate of 92.8% suggests a population with access to healthcare, potentially leading to a more stable tenant base.
How does the commute time and method impact the quality of life for residents and, by extension, real estate investment? +
The average commute time of 30.7 minutes in Melissa, TX, is relatively manageable, and the top commute methods of driving alone, working from home, and carpooling indicate flexibility and potential savings on transportation costs for residents. This, combined with a high homeownership rate of 88.9% and low poverty rate of 2.0%, suggests a community with a good quality of life, which can attract and retain residents, making it an appealing market for real estate investors.
What role does the median property value and property taxes play in the investment decision? +
The median property value of $198,100 and median property taxes of $1,418 in Melissa, TX, are important considerations for investors, as they impact the overall cost of investment and potential for return. Given the city's strong median household income of $90,556 and low poverty rate of 2.0%, there's a potential for appreciation in property value over time, especially considering the diverse and stable economic base provided by its top industries.
How does the ethnic diversity and income inequality affect the real estate market in Melissa, TX? +
The ethnic diversity in Melissa, TX, with significant White, White Non-Hispanic, and Black populations, contributes to a dynamic community that can support a varied housing market. The GINI coefficient of 0.332 indicates a level of income inequality, but when considered alongside the low poverty rate of 2.0% and high median household income of $90,556, it suggests that the market can support a range of housing options, from affordable to higher-end properties, catering to different income levels and preferences.
What are the implications of the health insurance coverage rate and commute time for tenant quality and stability? +
The high health insurance coverage rate of 92.8% in Melissa, TX, combined with an average commute time of 30.7 minutes, suggests a population that is both employed and has access to healthcare, indicating a higher level of stability and reliability among potential tenants. This stability, paired with the city's low poverty rate and high median household income, can lead to a more predictable and profitable rental income stream for investors, making Melissa, TX, an attractive location for real estate investment.

Melissa TX Real Estate & City Facts

Key facts and real estate information about Melissa TX.

What are some of the best neighborhoods to live in Melissa? +
Some of the best neighborhoods to live in Melissa include North Creek, Villages of Melissa, and Prosper. These neighborhoods offer a variety of housing options, community spirit, and welcoming atmospheres. For example, North Creek is designed for active living and has a vibrant community, while Villages of Melissa is known for its community spirit and variety of housing options.
What are some fun things to do in Melissa? +
There are plenty of fun things to do in Melissa, such as visiting the Melissa Farmer And Artisan Market, exploring Zadow Park, and checking out the Melissa Christian Church. You can also visit Bob Miller Park, D-bat Melissa, and the Melissa Barn at HD Ranch. Additionally, there are several nearby attractions, including Top Fun Ranch, Freedom Fun USA, and Natural Springs Park.
What is the food scene like in Melissa? +
The food scene in Melissa is diverse and offers a range of options. Some popular restaurants include The Red Feather, Yonx Pizza Bar, Nonis Brunch House, and Sunview Cafe. You can also find Mexican cuisine at Maria's Mexican Restaurant and Palio's Pizza Cafe. There are also plenty of great food trucks and cafes in the area, such as Buc-Ee's and Lola's Local Market.
What are the pros and cons of living in Melissa? +
The pros of living in Melissa include its welcoming community, variety of housing options, and plenty of things to do. However, some cons include the potential for traffic and congestion, especially during rush hour. Additionally, some areas of Melissa may be prone to flooding or other natural disasters. Overall, Melissa is a great place to live for those who value community and small-town charm.
Is Melissa a good place to live? +
Melissa is a great place to live for those who value community, small-town charm, and a variety of things to do. While it may have some drawbacks, such as traffic and potential flooding, the pros outweigh the cons. With its welcoming atmosphere, diverse food scene, and plenty of attractions, Melissa is an excellent choice for families, young professionals, and anyone looking for a tight-knit community.
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Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Melissa TX Commercial Property: $90,556

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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