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    FOR LEASE
    Commercial real estate

    8051 W Fm 545, Blue Ridge, TX 75424

    38.44 ac lot
    Property ID
    US82-4420737
    8051 W Fm 545, Blue Ridge, TX 75424 For Lease
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    8051 W Fm 545, Blue Ridge, TX 75424
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    Property summary
    AI-generated overview

    This exceptional 38.437-acre property presents a unique investment opportunity in Collin County, Texas. Situated on the highly desirable corner of FM-545 and CR-475, this land boasts a strategic location between the thriving communities of Melissa and Blue Ridge. The property is conveniently located outside the city limits of Anna, within its extraterritorial jurisdiction (ETJ), offering potential benefits and flexibility. With an impressive 1,600 feet of road frontage along CR-475 and an additional 1,045 feet along FM-545, this expansive parcel provides ample space and accessibility. The property's zoning designation is ETJ. Utilities are readily available, with water and electric already extended to the site, simplifying development plans. This versatile land is suitable for a variety of uses, including agricultural pursuits, residential development, or a combination thereof, making it an attractive option for discerning investors seeking a prime location in a rapidly growing area of Texas. The property's size and location offer significant potential for future appreciation. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 38.44 ac (1,674,316 SF)
    UPID US82-4420737
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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