Milrany Mixed Use Development Site - 24.66 Acres
1700 & 1736 Milrany Lane - Mixed Use Development Site
Marketing description
The development includes approximately 17.24 acres of multifamily zoning across two tracts, allowing for up to 458 residential units. The remaining commercial tracts are planned for retail, daycare, and self-storage uses, creating a diversified mixed-use environment positioned to support long-term growth and daily consumer demand.
Located approximately one mile from Melissa High School, the property benefits from strong surrounding demographics, continued residential expansion, and significant retail momentum throughout the area. Major national retailers including Kroger, Walmart, Buc-ee’s, and H-E-B are located within close proximity, alongside expanding retail corridors.
Tract 1: 2.41 acres (proposed retail)
Zoning: C-2 / General commercial
Tract 2: 2.4 acres (proposed daycare)
Zoning: C-2 / General commercial
Tract 3: 2.57 acres (proposed self-storage)
Zoning: C-2 / General commercial
Tract 4: 3.26 acres (age restricted 55+)
Zoning: Multifamily, up to 140 units
Tract 5: 13.98 acres (multifamily)
Zoning: Multifamily, up to 318 units
Investment highlights
This 24.66 acre mixed-use development opportunity is strategically positioned within one of the fastest growing corridors in North Texas, offering a well-balanced combination of multifamily, retail, daycare, and commercial development potential in Melissa, Texas.
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