500 N STATE HIGHWAY 5 N, BLUE RIDGE, TX 75424
Homes for sale in Blue Ridge.
Homes for sale in 75424.
List Price$372,000
500 N State Highway 5 N
Blue Ridge, TX 75424
Listing #21312924
About This Property
Rare opportunity to own a highly visible property located directly on State Highway 78 in the rapidly growing Blue Ridge area of Collin County. Perfectly positioned between 121 and 380. This property offers a unique combination of residential use, highway frontage, and future commercial potential with beautiful views. Excellent investment, owner-user, or redevelopment opportunity. Builders, Investors, and Business Owners whether you envision a stunning custom home or an exciting commercial development, this versatile lot offers endless possibilities. 1.01-acre corner-style, no HOA, commercial opportunity with High-visibility along State Highway 78 frontage which is hard to find. Also a rear street access for additional ingress-egress. City water, sewer, and electric already on site. 1,377 sq. ft. shop with dedicated office area featuring a 39x27 main workspace and an additional 18x18 which can be used as office or storage. Residentially zoned but primed for rezoning to commercial use. Minutes from Melissa, McKinney, Farmersville, Princeton, Greenville and other rapidly growing areas. Just minutes from Melissa, one or the fastest growing. communities in North Texas, convenient access to: *HEB * Buc-ee's * Walmart * Kroger * Restaurants and retail shopping * Medical offices and healthcare facilities * Melissa ISD and community amenities Easy Access to Major Highways Conveniently positioned with access to: * State Highway 78 * U.S. Highway 380 * U.S. Highway 75 * Sam Rayburn Tollway (SH 121) * Dallas-Fort Worth Metroplex *The house has little or no contributory value and the real value is in the land, Highway 78 frontage, and the shop-office building.
Property Features
Location Information
County
Collin
Subdivision
N-A
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Possible Best Use
Commercial, Development, In
Fencing
None
Zoning
Zoned residential with opportunity for commercial
Other Structures
Garage(s), Mobile Home
Development Status
Streets Installed
Lot Description
Acreage, Back Yard, Corner Lot, Lawn, Few Trees, Wooded, City Lot
Road Description
City Street, Highway, All Weather Road, Asphalt, Conc
Lot Size in Acres
1.012
Is One Story
No
Lot Size in Sq. Ft.
44,082
Lot Description
Acreage, Back Yard, Corner Lot, Lawn, Few Trees, Wooded, City Lot
Current Use
Other
School
Elementary School District
Blue Ridge ISD
Jr. High School
Blueridge
Elementary School
Blueridge
High School
Blueridge
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
3128.0
Year Built
1987
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$1,736
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,340
Monthly Tax
$310
Monthly Insurance
$86
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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