Remarks

Discover an exceptional investment opportunity with approximately 4.18 acres of commercial land in a highly sought-after location in Anna, Texas. Situated on White Street, this property offers unmatched convenience, being just 5 minutes from Walmart and US-75, making it an ideal spot for future growth.
The property includes a 1,313 sq. ft. home, which is in decent condition and currently rented out to a tenant. The lease will be transferred to the new owner. However, the value of this property lies in the land, not the house.
City-Approved Concept Plan: A thoughtfully designed concept plan featuring over 42,000 sq. ft. of commercial space has been approved by the City of Anna. The plan accommodates Restaurants, Retail, and Office Spaces, ensuring a vibrant, multi-purpose development.
Residential Growth: Located directly across the street, Leonard Trails, a new single-family home community with approximately 500 homes, is under development.
Massive Regional Development: The area is set to boom with a significant development spanning 1,100+ acres planned along East White Street.
Infrastructure Upgrades: A four-lane road has already been approved for White Street, enhancing accessibility and ensuring excellent traffic flow to the property.
Pre-Construction Advantage: The seller is offering to share all pre-construction work and resources with the new owner, streamlining the path to development.
The Future Land Use Plan identifies this property as Downtown. Within the Downtown Master Plan, it is classified as Transitional Development, allowing for commercial construction in accordance with the city's zoning ordinance.
Being part of Anna's Downtown Jurisdiction, the property comes with added construction benefits, making it even more attractive for developers.
This prime parcel of land is perfectly positioned to capitalize on Anna’s rapid growth and increasing demand for commercial spaces. Don’t miss the chance to be part of this thriving community’s expansion.

Details

MLS#: 20808881
Price: $1,450,000

Style: Improved Land
Year Built: 1966

County: Collin
Subdivision: G M Surv Abs #559

School Elementary: Judith Harlow