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    Wylie Warehouse with Air Conditioned Space Title is generated by Realmo AI

    3550 Whiteley Road, Wylie, TX 75098

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    For Lease
    $3,500/Mo $10 SF/Yr (calc)

    Warehouse - Wylie, TX

    Type:Warehouse
    Property size:
    3,880 SF
    Lot size:
    0.94 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    71
    Last Refresh:
    May 21 at 4:06 pm

    Property Features for 3550 Whiteley Road

    General Information

    Property type
    Other
    Property subtype
    Warehouse
    Parking features
    Driveway, Garage, RV
    Standard status
    Active
    APN
    65166029510220000
    Size
    3,880 SF
    Lot size
    0.94 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Michele Wilson

    Listing agent Michele Wilson License #0468193

    Listing office Metropolitan REALTORS 4012 Madison Cr., Plano, TX

    Listing date Mar 12, 2026

    MLS# 21205795 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spacious 3880 sq. ft. warehouse, featuring approximately 1800 sq. ft. of air conditioned space.
    • Benefit from the large overhead door for convenient loading and equipment access.
    • Enjoy privacy and security with private gated access.
    • Includes three bathrooms and a separate office area.
    • Foam insulated for energy efficiency.
    • Ample parking for employees, work vehicles, or customers.

    Overview

    This spacious 3880 sq. ft warehouse is located in Wylie and includes approximately 1800 sq. ft. of air conditioned space. The property is suited for a variety of business uses and features three bathrooms, a separate office area, and a large overhead door for convenient loading and equipment access. The building is foam insulated, which helps maintain comfortable temperatures and energy efficiency. Situated behind a residence, the warehouse is accessed through a large private gate, offering privacy and security. Ample parking is available for employees, work vehicles, or customers. A separate storage container and carport are present on the property but are not included in the square footage. Water is included in the lease. The 0.942-acre property is located in Dallas County. This versatile space is suitable for contractors, service companies, storage, light manufacturing or distribution, or possibly a mechanic.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Stow Away Boat & RV Storage — 3475 vinson rd, wylie, tx 75098
    • RecNation RV & Boat Storage — 2618 Vinson Rd, Wylie, TX 75098
    • RecNation RV & Boat Storage — 3475 Vinson Rd, Wylie, TX 75098

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.53824
    Latitude
    32.967613

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    FAQs

    What type of property is this?
    Warehouse - Spacious warehouse with air conditioned space, ideal for business uses.
    Where is this warehouse located?
    The property is located at 3550 Whiteley Road Wylie, TX.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: Spacious 3880 sq. ft. warehouse, featuring approximately 1800 sq. ft. of air conditioned space.; Benefit from the large overhead door for convenient loading and equipment access.; Enjoy privacy and security with private gated access.
    (972) 741-6162
    We can help!
    Listing Contact
    Michele Wilson
    Real Estate License ID: 0468193
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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