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    211 Riggins St Anna, TX 75409

    Sponsored
    For Sale
    $329,000

    Prime .396-acre corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional commercial land parcel, encompassing 17,250 square feet, is strategically located in Anna, Texas's vibrant downtown district. Situated at the corner of 2nd Street and North Riggins Street, this property boasts prominent frontage on two city streets, offering excellent visibility and accessibility. The lot is situated just north of the new Anna Municipal Building, providing a high-traffic location within the city limits and Anna ISD. Currently zoned Downtown Commercial (C-1), this site presents a unique opportunity for various commercial ventures. Utilities, including water and sewer, are readily available. Detailed utility and zoning exhibits are available upon request. The property is free from flood plain restrictions and offers an estimated 115 feet of frontage on 2nd Street and approximately 150 feet of frontage along North Riggins Street. The asking price is $329,000, translating to a land value of $24.93 per square foot. This is a rare opportunity to acquire a substantial, well-positioned commercial lot in a rapidly growing Texas community. No existing structures are present on the property. This prime location offers significant potential for developers and investors seeking a high-impact commercial investment.

    Property Features for 211 Riggins St

    General Information

    Property type
    Land

    HighLights

    • $329,000 asking price for a commercial land parcel.
    • .396‑acre lot located in Anna, Texas' Downtown District.
    • 17,250 square foot lot size, priced at $19.93 per square foot.
    • C‑1 zoning, allowing for various commercial uses.
    • Corner lot with utilities available and frontage on two city streets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Anna
    County
    Collin
    State
    Texas
    Longitude
    -96.549538696293
    Latitude
    33.350802591006

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    FAQs

    What type of property is this?
    Land - Prime .396-acre corner lot, ideal for development.
    Where is this land located?
    The property is located at 211 Riggins St Anna, TX.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: $329,000 asking price for a commercial land parcel.; .396-acre lot located in Anna, Texas' Downtown District.; 17,250 square foot lot size, priced at $19.93 per square foot.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    211 Riggins St Anna, TX 75409
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