Automotive Service
For Sale
$2,700,000
1101 S Highway 78, Wylie, TX 75098
CommercialSale, Wylie, TX
Property Size1,500 SF
Lot Size2.00 Acres
Price / SF$1,800
Days on Market117
Property Features for 1101 S Highway 78
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial, Industrial
Directions
Use GPS
Standard status
Active
APN
R684100000601
Size
1,500 SF
Lot size
2.00 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1979
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Stucco
Roof type
Composition
Listing Agency:
Skyline Realty
(469) 250-1999
Listed By:
Rafael Babadzhanov
(972) 380-5630
Added: Jun 29
Changed: Oct 18
Last Checked: Oct 23 at 6:06PM
MLS# 21299398
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.
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Investment Insights
Based on property information with market context.
This automotive-oriented property occupies approximately 2 acres along State Highway 78 in Wylie. The improvements total 1,500 square feet and include multiple buildings with office space and a functional vehicle service area. Expansive parking and display areas support customer and inventory needs, while the existing configuration is suited to automotive operations.
The property is addressed at 1101 S Highway 78 and offers direct highway access and frontage. Built in 1979, the improvements feature stucco construction, vinyl flooring, electric heating, central air conditioning, a composition roof, public water, and public sewer.
The property is addressed at 1101 S Highway 78 and offers direct highway access and frontage. Built in 1979, the improvements feature stucco construction, vinyl flooring, electric heating, central air conditioning, a composition roof, public water, and public sewer.
Key Highlights
- Approximately 2 acres along State Highway 78
- 1,500 square feet of improvements across multiple buildings
- Automotive service area with office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,334
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,086,680
$2.1M
Cap Rate 7%
$1,490,486
$1.5M
Cap Rate 9%
$1,159,267
$1.2M
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$165.1K $110.04/SF
− Vacancy
−$16.0K −$10.67/SF
EGI
$149.0K $99.37/SF
− OpEx
−$44.7K −$29.81/SF
NOI
$104.3K $69.56/SF
Area
Collin County, TX
Vacancy
9.70%
Lease Rate
$110.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,086,680
Cap Rate 7%
$1,490,486
Cap Rate 9%
$1,159,267
Alternative Uses
Best Use
Industrial
$1.49M
$1.30M – $1.74M
NOI $104,334 @ 7.0% cap · market cap 3.86%
Second Best
Retail
$344.8K
$301.7K – $402.3K
NOI $24,136 @ 7.0% cap · market cap 0.89%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
105k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 50%
Groceries 28%
Dining 12%
Shops & Services 9%
The Home Depot
Home Improvements & Furnishings
39,391 visits/mo
0.4 miles
Tom Thumb
Groceries
29,112 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,359 visits/mo
0.4 miles
Wendy's
Dining
9,682 visits/mo
0.5 miles
Bank of America
Shops & Services
8,268 visits/mo
0.5 miles
Demographics for 75098, TX
67,212
Population
22,080
Households
3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
2,100
Density / Sq Mi
$115,587
Median Household Income
$53,163
Median Earnings
$1,979
Median Rent
$362,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Mobile Diesel Truck Repair — 327 Highland Ridge Dr, Wylie, TX 75098
- Rods Car Craft — 414 Keen Ave, Wylie, TX 75098
- Wyliе Tοwing ѕеrviсе — 50 Glen Knoll Dr, Wylie, TX 75098
- Crash Champions Collision Repair Wylie — 1201 S State Hwy 78 Ste 100, Wylie, TX 75098
- Trevino Paint & Body Shop — 1404 Martinez Ln, Wylie, TX 75098
Frequently Asked Questions
What type of property is this?
Auto shop - Highway-oriented automotive facility with office space, vehicle display areas, and substantial on-site parking.
Where is this auto shop located?
The property is located at 1101 S Highway 78 Wylie, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 2 acres along State Highway 78; 1,500 square feet of improvements across multiple buildings; Automotive service area with office space
