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    2722 Fm 544 Wylie, TX 75098

    For Sale
    $2,750,000

    Prime Wylie location, high traffic count, mixed-use potential.

    Property size:
    2,388 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5.26-acre commercial property in Wylie, Texas, presents a remarkable investment opportunity. Boasting approximately 550 feet of frontage on FM 544, this strategically located parcel sits between a Target and a Kroger, ensuring high visibility and accessibility. The property currently has a "Other" designation and requires rezoning, but the City of Wylie has demonstrated a willingness to work with developers on mixed-use projects. Preliminary discussions indicate potential for up to 15 dwellings per gross acre, incorporating retail space at lower levels and along the FM 544 frontage. With a daily traffic count exceeding 50,000 vehicles, this site is ideally positioned to capitalize on Wylie's robust growth. The property's size and location make it suitable for a variety of commercial developments, catering to the town's increasing demand for both residential and commercial spaces. The current asking price is $2,750,000. The building size is 2,388 square feet. This presents a compelling buy-and-hold investment opportunity due to Wylie's ongoing expansion and the high demand for commercial and residential properties. Inquiries regarding potential expansion of the land parcel are welcome.

    Property Features for 2722 Fm 544

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,388 SF
    Lot Size
    229,126 SF

    Building Details

    Year Built
    1974
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5812
    Latitude
    33.01052

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Wylie location, high traffic count, mixed-use potential.
    Where is this commercial real estate located?
    The property is located at 2722 Fm 544 Wylie, TX.
    What is the asking price?
    The asking price for this property is $2,750,000.
    Request Owner's contact information
    2722 Fm 544 Wylie, TX 75098
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    Realmo Value Estimation

    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.

    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.

    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
    2722 Fm 544 Wylie, TX 75098
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