500 N State Highway 5 N 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.