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Property profile & analytics
OFF-MARKET
Commercial land

1005 Powell Pkwy Anna, TX 75409-2574

960 SF 4.33 ac lot Built 1951
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-8514278
Property summary
AI-generated overview

This exceptional 2.65-acre commercial land parcel presents a prime investment opportunity in Anna, Texas. Located on Highway 5 in the heart of Anna's downtown corridor, this C-1 zoned property boasts unparalleled visibility and accessibility. Directly across from the new Waterview Apartments (325 units) and the future Anna Dreamville (202 units), this site benefits from a rapidly expanding residential population and strong demand for retail and office space. The property offers convenient road access from Highway 5 and Interurban Street, with readily available utilities. High traffic counts are a key feature, with Highway 5/S Powell Pkwy seeing 10,768 vehicles per day and FM 455/White St. recording 15,700 vehicles per day. The surrounding area exhibits robust economic growth, with a projected 45% trade area expansion by 2025 and a high average household income of $92,282 within a 3-mile radius. The substantial weekday daytime population of 109,426 within the trade area further underscores the significant potential for retail development. Permitted uses include, but are not limited to, car washes, shopping centers, restaurants, bars, grocery stores, convenience stores, daycare facilities (subject to specific use permits), and light auto repair shops (subject to specific use permits). This is an exceptional opportunity to capitalize on Anna's explosive growth and thriving market. The property's strategic location and zoning make it ideal for a variety of commercial ventures.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1951
Total area 960 SF
Lot 4.33 ac (188,441 SF)
Zoning code RESI
APN R-6798-001-0890-1
UPID US82-8514278
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
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by Request
Owner & transaction history
Psab Group LLC · 2 yrs held
Psab Group LLC
since 2024
6 recorded transactions
2024
Price N/A
2019
Price N/A
2015
Price N/A
2009
$300,000
2008
Price N/A
2007
Price N/A
Zoning & alternative use
RESI · Anna, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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