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    3475 Fm 2862 Anna, TX 75409
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    3475 Fm 2862 Anna, TX 75409

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    • Commercial real estate
    • 29.10 lot acres
    For Sale
    $4,600,000
    View Listing →
    Land in Fast-Growing Anna For Sale
    $4,600,000
    29.12 Acres

    Land in Fast-Growing Anna

    29.12 acres in Anna, TX, primed for development.

    3475 FM 2862, Anna, TX 75409
    View Listing
    Property ID
    US82-4383329
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3475 Fm 2862

    Lot size
    29.10 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 29.1-acre tract of agricultural land presents a remarkable investment opportunity in the rapidly expanding Extraterritorial Jurisdiction (ETJ) of Anna, Texas. Located at 3475 FM 2862, Collin County, zip code 75409, this rectangular parcel boasts convenient access to water and power, making it ideal for immediate development. Its strategic location near downtown Anna offers unparalleled proximity to local amenities, schools, and major transportation routes, ensuring high visibility and accessibility for any future development. The property's prime location within one of the fastest-growing areas in the United States positions it perfectly to capitalize on the surging demand for housing, retail, and commercial spaces. Anna's explosive growth, fueled by an influx of new residential communities, creates a robust market for diverse development projects. This land is exceptionally versatile, suitable for a wide range of uses, including commercial, mixed-use, retail, or residential developments. The combination of its strategic location, readily available utilities, and the area's dynamic growth trajectory makes this 29.1-acre parcel an outstanding investment prospect with significant long-term potential. The asking price is $5,500,000, with a land value of $4.34 per square foot. Don't miss this chance to be part of Anna's exciting transformation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anna
    County
    Collin
    State
    Texas
    Longitude
    -96.5307685
    Latitude
    33.3656963

    Comparable in this City

    • $2,346,000
      51.00 Acres

      51 Acre Anna, Texas Tract

      Productive land with road frontage in a high-growth area.
      9995 Fm 2862, Anna, TX 75409
      View Details
    • $440,000
      4.00 Acres

      4-Acre Land Parcel in Anna, TX

      4-acre parcel in Collin County, ideal for building or investment.
      9189 Cr 285, Anna, TX 75409
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    • $1,100,000
      Pending

      Unrestricted Land with Barn Conversion

      35 acres in Anna, Texas, with development potential.
      4745 Fm 2862, Anna, TX 75409
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    • $1,500,000
      13.36 Acres

      Anna, TX Agricultural Land Opportunity

      13.36 acres of ag exempt land near downtown Anna.
      2830 Winding Oaks Trl, Anna, TX 75409
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    • $6,700,000
      64.01 Acres

      Anna, Texas Farmhouse on Acreage

      64 acres with farmhouse, barndominium, and pool near Anna.
      9530 County Road 581, Anna, TX 75409
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    • $599,000
      1,727 SF

      Anna, TX Farm/Ranch Property

      11-acre farm/ranch with horse amenities and stocked pond.
      12875 Westover Ln, Anna, TX 75409
      View Details

    Similar Nearby for Sale

    • $2,346,000
      51.00 Acres

      51 Acre Anna, Texas Tract

      Productive land with road frontage in a high-growth area.
      9995 Fm 2862, Anna, TX 75409
      View Details
    • $440,000
      4.00 Acres

      4-Acre Land Parcel in Anna, TX

      4-acre parcel in Collin County, ideal for building or investment.
      9189 Cr 285, Anna, TX 75409
      View Details
    • $1,100,000
      Pending

      Unrestricted Land with Barn Conversion

      35 acres in Anna, Texas, with development potential.
      4745 Fm 2862, Anna, TX 75409
      View Details
    • $1,500,000
      13.36 Acres

      Anna, TX Agricultural Land Opportunity

      13.36 acres of ag exempt land near downtown Anna.
      2830 Winding Oaks Trl, Anna, TX 75409
      View Details
    • $6,700,000
      64.01 Acres

      Anna, Texas Farmhouse on Acreage

      64 acres with farmhouse, barndominium, and pool near Anna.
      9530 County Road 581, Anna, TX 75409
      View Details
    • $599,000
      1,727 SF

      Anna, TX Farm/Ranch Property

      11-acre farm/ranch with horse amenities and stocked pond.
      12875 Westover Ln, Anna, TX 75409
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land in Growing Anna, Texas

      Land available for lease in rapidly growing Anna, Texas.
      455 And Victoria Fls, Anna, TX 75409
      View Details
    • Contact for pricing

      Industrial Land with Development Potential

      Land with house suitable for industrial or residential use.
      2885 Fm 2862, Anna, TX 75409
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    • Contact for pricing

      Retail Pad Sites For Lease

      Retail pad sites available in high-growth Anna, Texas.
      Hwy 5 & Rosamond Pkwy, Anna, TX 75409
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    • Contact for pricing

      Commercial Pad Site For Rent

      Pad site near Brookshires, schools, and major retailers.
      1600 W White St, Anna, TX 75409
      View Details
    • Contact for pricing

      Land For Rent Anna, TX

      Land available for rent in Anna, Texas.
      2610 S Powell Pkwy, Anna, TX 75409
      View Details
    • Contact for pricing

      Retail Pad Site For Lease

      Pad site available across from Brookshires Grocer in Anna, TX.
      1600 W White St, Anna, TX 75409
      View Details
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    Anna, TX 75409
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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