1111 W Foster Crossing Expressway, Anna, Texas 75409

$21,000,000
List Price
$21,000,000
MLS#
20446818
Status
ACTIVE UNDER CONTRACT
Type
Land
County
Collin
City
Anna
Subdivision
W E Throckmorton Survey
Development
City Limits, Zoned

Property Description

OFFERS DUE NOVEMBER 3, 2023 - 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. 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. 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. Please contact us for an offering memorednum and access to the deal vault with due digilence items.

Additional Information

HOA
No HOA
Lot Size
2,391,444
Acres
54.90
Lot Description
Agricultural, Corner Lot
Subdivided
No
Numberof Lots
2
Street Utilities
City Sewer, City Water, Electricity Available
Road Frontage Desc
City Street, Highway
School District
Anna Isd
Elementary School
Sue Evelyn Rattan
Middle School
Clemons Creek
High School
Anna
Possession
60-90 Days, Closing/Funding
Present Use
Agricultural
Zoning
PD Ordinance - Entitled for up to 700 MF units, 4 stories, Surface Park & C-3 Commercial under the PD.
Possession
60-90 Days, Closing/Funding
Ag Exemption
Yes
Restrictions
None
Easements
Utilities

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Joshua Bryan from Fairview Development Inc.. Contact: 972-422-2500