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Property profile & analytics
OFF-MARKET
Land

0 Central Expy Anna, TX 75409

11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11-acre agricultural property in Anna, Texas (75409), located on Central Expressway, presents a unique investment opportunity. A recently completed survey and flood study are available. The property boasts approximately 1000 feet of frontage road. While the entire parcel encompasses 11 acres, a reclamation project nearing completion by the end of 2023 will yield approximately 8.1 buildable acres. Existing infrastructure includes on-site sanitary sewer and electric utilities. City of Melissa water is conveniently located approximately a quarter-mile south. The land is situated within Collin County and falls within the Melissa ETJ (Extra Territorial Jurisdiction). A significant advantage is the already installed permanent TxDOT-approved driveway featuring concrete culverts, ensuring convenient access. The asking price for this strategically located property is $6,000,000. This represents a compelling opportunity for development given the readily available utilities and buildable acreage. The property's location and infrastructure make it ideal for various commercial or residential projects. Contact us today to learn more about this exceptional land offering.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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