Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    103 College Street Anna, TX 75409

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,000

    Versatile building in high-growth area with ample parking.

    Type:Commercial
    Property size:
    1,913 SF
    Price / SF:
    $156/SF
    Added:
    Apr 22, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 22 at 5:19 pm

    Property Features for 103 College Street

    General Information

    Standard status
    Active
    Size
    1,913 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    Lisa Flaggert

    Listing agent Lisa Flaggert

    Listing office Coldwell Banker Apex, REALTORS

    Listing date Apr 22, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, REALTORS

    Overview

    Anna Retail/Commercial Opportunity

    Located minutes from 121 in the high-growth area of Anna, this property features a solid building suitable for multiple purposes. The 1913 square foot space includes an additional private room at the rear, ideal for storage or private gatherings, as well as a bathroom. The large open area offers endless opportunities for entrepreneurs. Situated on a corner, the property comprises three lots and features an oversized parking lot and smooth paved roads. The location is superior. This building is suited for promise and purpose.
    Location Intelligence

    Current Use by Public Records

    Motorcycle Outpost Industrial Manufacturer

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Storage Facility Bar & Pub Discount Store Furniture & Home Goods Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anna
    County
    Collin
    State
    Texas
    Longitude
    -96.4633575
    Latitude
    33.3626245

    Nearby Similar for Sale

    • $750,000

      High-Traffic Retail Opportunity in Anna

      One-acre property with two buildings on Sam Rayburn Highway.
      7504 Sam Rayburn Highway, Anna, TX 75409
      View Details
    • $1,140,000

      Development Ready Land in Anna, TX

      Entitled commercial site in Anna's explosive growth corridor.
      2808 Leonard Avenue, Anna, TX 75409
      View Details
    • $394,900

      Anna, TX Land Opportunity

      1.472 acre lot in Hurricane Creek community.
      Lot #24 Hurricane Creek Circle, Anna, TX 75409
      View Details
    • $645,000

      9.91 Acres in Anna, TX

      9.91 acres in a rapidly growing North Texas community.
      13335 County Road 426, Anna, TX 75409
      View Details
    • $249,900

      Downtown Anna Corner Lot Opportunity

      Rare 0.396-acre corner lot in revitalizing downtown Anna, Texas.
      211 N Riggins Street, Anna, TX 75409
      View Details
    • $205,000

      Land in Flying T Ranch

      Unimproved land in a private airpark community in North Texas.
      0000 Cr-530, Anna, TX 75409
      View Details
    • $2,000,000

      Commercial Land in Anna, Texas

      Prime commercial land ready for immediate development in Anna, TX.
      611 W White Street, Anna, TX 75409
      View Details
    • $1,200,000

      Anna, TX Acreage Opportunity

      11.084 acres in a rapidly growing North Texas market.
      8428 County Road 527, Anna, TX 75409
      View Details
    • $6,700,000
      2,995 SF

      Anna, Texas Farmhouse on Acreage

      64 acres with farmhouse, barndominium, and pool near Anna.
      9530 County Road 581, Anna, TX 75409
      View Details
    • $450,000

      Serene Five Acre Homesite

      Five acres ready for your dream home in Anna, TX.
      00000 FM-3133, Anna, TX 75409
      View Details
    • $625,000

      Anna, Texas Unimproved Land

      11 acres of land in a rapidly developing area.
      5817 E Fm-455, Anna, TX 75409
      View Details
    • $3,200,000
      5,309 SF

      Anna Land with Income Potential

      21+ acres in Anna, TX with two residences.
      4302 Fm 2862, Anna, TX 75409
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile building in high-growth area with ample parking.
    Where is this retail space located?
    The property is located at 103 College Street Anna, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Prime location minutes from 121 in high‑growth Anna area.; Large, versatile open space suitable for multiple purposes.; Three combined lots on a corner location.
    We can help!
    Listing Contact
    Lisa Flaggert
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!