0 Central Expy Anna, TX 75409
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.