972-265-9609
US Highway 75 @ Collin County Outer Loop, Anna, TX for Sale
Residential LAND - FOR SALE
1/2
2,391,444 SF

US Highway 75 @ Collin County Outer Loop
Anna, TX 75409


HIGHLIGHTS

  • Fully entitled MF and Commercial Development Site Positioned on the NEC of US75 and The Collin County Outerloop in Anna, Texas
  • Anna has seen tremendous growth over the last decade and is ranked among the top 10 fastest growing cities in North Texas since 2010.
  • The Collin County Outerloop is estimated to be complete from US75 to the DNT in Celina by 1/26, creating a Main and Main Corner.
  • Entitled for up to 700 Multifamily Units, 4 story in height, surface parked
  • MF Construction Building Construction - 50% masonry on front elevations, 30% on side and backside
  • MF Parking requirements - 1.53 parking spaces per unit

OVERVIEW

OFFERS DUE 11/3/23 - Welcome to NEXUS 75, Situated at the Northeast Corner (NEC) of the Collin County Outerloop and US75 in Anna Texas. Nexus 75 offers ±54.90 acres of zoned land, segmented into C-3 (3.6 acres) and MF (51.3 acres) classifications. A distinct feature of this parcel is the entitlement for up to 700 multifamily units, facilitated by a less stringent building materials mandate. Specifically, the site requires only 50% masonry for the front-facing exterior, and 30% for the side and rear, offering a more cost-effective and expedient development process. The property further benefits from a 1.5 parking units requirement per multifamily unit, as opposed to the traditional 2 units, thus potentially conserving around 2 acres of land. Prospective PFC incentives are available from the City for the Multifamily development, saving even more costs for the buyer. The site is strategically located with essential utilities in place: water utilities are accessible on US75 and sewer services are approximately 1,500 feet to the East. Educational institutions in close proximity account for over 3,000 students, indicating a stable demand for retail or service-based enterprises. Data indicates that Anna, Texas, where Nexus 75 is located, has experienced a growth rate of 1915% since 2000 and is projected to see a 45% increase in trade area by 2025. Furthermore, the Collin County Outerloop design is finalized, with construction expected to be completed from US75 to FM 2478 by January 2026, thereby potentially boosting site accessibility. *** OFFERS DUE NOVEMBER 3, 2023 ****** ** VISIT VIRTUAL DEAL ROOM LINK FOR DUE DILIGENCE ***

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

NEXUS 75 | ENTITLED MULTIFAMILY & COMMERCIAL

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Office, Multi-Family

LAND ACRES

54.9 AC

LAND SF

2,391,444 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

PD - MF and Commercial

APN/PARCEL ID

R-6505-000-0040-1,R-6899-000-0040-1

ASK ABOUT THIS PROPERTY

Josh BryanBryan Haggard Land GroupMore Info
972-265-9609

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Josh BryanBryan Haggard Land GroupMore Info
972-265-9609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.