0 Finley Blvd Anna, TX 75409
This exceptional 17.26-acre commercial land parcel presents a remarkable multifamily development opportunity in the rapidly expanding Anna, Texas ETJ (Extra Territorial Jurisdiction). Located at the Northwest quadrant of CR 423 and E Finley Blvd, this property boasts convenient access to major thoroughfares, including less than two miles of proximity to US-75. The site benefits from its strategic position near the under-construction Collin County Outer Loop, providing seamless connectivity to the Dallas North Tollway. Anna's explosive growth is evident in its recent $3 billion-plus investment in commercial and residential projects, coupled with a staggering 525% year-over-year increase in residential building permits. This surge in development underscores Anna's position as a leading area within Collin County, which itself ranks second nationally for population growth. The property's zoning is ETJ, and the APN is R-6464-000-0060-1. Water and sewer services are anticipated from Pecan Grove, with city plans for 12" water lines along CR 423 and 15" sewer lines to the west end of the site. Commuting is a breeze, with Downtown McKinney just 13 minutes away, Plano at 28 minutes, Frisco at 30 minutes, Downtown Dallas at 40 minutes, and DFW Airport at 45 minutes, all accessible via US-75. This prime location, coupled with Anna's robust growth trajectory, makes this an unparalleled investment opportunity. The property is served by the Anna Independent School District, including Harlow Elementary, Clemons Creek Middle, and Anna High School. The tax rate is 1.485763%. Contact us for pricing.
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
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Property description
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Risks
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