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    791 Hwy 78 Hwy Wylie, TX 75098

    For Sale
    $2,200,000

    High-traffic location, build-ready retail space.

    Property size:
    6,108 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 6,108 square foot retail property, situated on a 1.17-acre lot at 791 S Highway 78 Highway Unit S in Wylie, TX, presents a unique investment opportunity. Currently an open space with all interior walls removed, the property comes with approved city permits for the construction of a four-unit, 1500 square foot strip center. Each unit will be delivered as a "white box," allowing for complete customization to suit individual tenant needs. This prime location offers unparalleled visibility and accessibility, positioned just south of Wylie, Texas' busiest intersection, ensuring high foot traffic and significant exposure to potential customers. The existing infrastructure provides a solid foundation for immediate development, minimizing construction time and maximizing return on investment. This is an exceptional chance to capitalize on the thriving Wylie market and create a profitable retail center in a high-demand area. The asking price is $2,200,000. This property is ready for immediate development and offers a significant opportunity for investors seeking a high-return, build-to-suit retail project. The approved plans streamline the development process, reducing potential delays and costs. Don't miss this chance to secure a prime retail location in a rapidly growing Texas city.

    Property Features for 791 Hwy 78 Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    6,108 SF
    Lot Size
    50,965 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.54818
    Latitude
    33.00558

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, build-ready retail space.
    Where is this retail property located?
    The property is located at 791 Hwy 78 Hwy Wylie, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    Request Owner's contact information
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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
    791 Hwy 78 Hwy Wylie, TX 75098
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