8051 W Fm 545, Blue Ridge, TX 75424
For Lease
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.
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
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.