Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    2801 Wylie Dr & S State Hwy 78 Wylie, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    197,983 SF warehouse featuring extensive loading and parking.

    Type:INDUSTRIAL
    Property size:
    197,983 SF
    Lot size:
    18.38 Acres
    Added:
    May 21, 2024
    Days on Market:
    715
    Last Refresh:
    Apr 5 at 9:01 pm

    Property Features for 2801 Wylie Dr & S State Hwy 78

    General Information

    Standard status
    Active
    Size
    197,983 SF
    Lot size
    18.38 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2801 Wylie Dr & S State Hwy 78 Contact us

    We can help!

    Listing Contact
    Dalton Knipe
    Dalton Knipe

    Listing agent Dalton Knipe

    Listing office JLL | Dallas

    Listing date May 21, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JLL | Dallas

    Overview

    Wylie Warehouse with Ample Parking

    This 197,983 square foot warehouse in Wylie, Texas, offers a 36-foot clear height and a rear load configuration. The column spacing measures 56 feet by 52 feet 6 inches, complemented by a 60-foot loading bay. It features 55 dock doors and 2 drive-in doors. The property includes a 185-foot truck court, 154 car parking spaces, and 80 trailer parking spaces. The building depth is 270 feet and it has heavy power at 3000A.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5143
    Latitude
    33.0216

    Nearby Similar for Lease

    • $2,850/Mo

      Versatile Flex Space in Wylie

      Adaptable flex space in a thriving Wylie business park.
      3332 N Highway 78, Wylie, TX 75098
      View Details
    • $2,100/Mo

      Flexible Commercial Suite in Wylie

      Functional commercial suite with quick highway access and expansion options.
      3971 Skyview Court, Wylie, TX 75098
      View Details
    • $3,400/Mo

      Wylie Office Space For Rent

      Office space in the heart of Wylie, perfect for business.
      400 S Ballard Avenue, Wylie, TX 75098
      View Details
    • $525/Mo

      Historic Victorian Office Suites

      Charming, light-filled office spaces in restored Victorian building.
      211 Masters Avenue, Wylie, TX 75098
      View Details
    • $2,500/Mo

      Commercial Office Space in Wylie

      Versatile commercial space suitable for various business ventures.
      520 Ballard Avenue, Wylie, TX 75098
      View Details
    • $2,798/Mo

      Retail Space in Wylie, TX

      Retail space available for lease in Wylie, Texas.
      2771 W FM 544, Wylie, TX 75098
      View Details
    • $23 SF/Yr

      Retail Space in Wylie, Texas

      Retail space available for lease in Wylie, Texas.
      701 N Highway 78, Wylie, TX 75098
      View Details
    • $13 SF/Yr

      New Industrial Flex Space Available

      Modern industrial flex space with convenient highway access in Wylie.
      1604 Martinez Lane, Wylie, TX 75098
      View Details
    • $3,500/Mo

      Wylie Warehouse with Air Conditioned Space

      Spacious warehouse with air conditioned space, ideal for business uses.
      3550 Whiteley Road, Wylie, TX 75098
      View Details
    • $12,500/Mo

      Wylie Warehouse with Office Space

      Warehouse with office space available for lease in Wylie, TX.
      31 Steel Road, Wylie, TX 75098
      View Details
    • $9,000/Mo

      Prime Dealership Location, No City Zoning

      High-traffic location, no city oversight, and a turnkey setup.
      2725 Aztec Trail, Wylie, TX 75098
      View Details
    • $9,000/Mo

      Prime Dealership Location, Wylie, TX

      High-traffic location with no city oversight, turnkey setup for car dealership.
      2725 Aztec Trail, Wylie, TX 75098
      View Details

    FAQs

    What type of property is this?
    Warehouse - 197,983 SF warehouse featuring extensive loading and parking.
    Where is this warehouse located?
    The property is located at 2801 Wylie Dr & S State Hwy 78 Wylie, TX.
    What are key features of this property?
    This property features: 197,983 SF Available; Benefit from **36’ Clear Height**; Equipped with **55 Dock Doors**
    (214) 438-6100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dalton Knipe
    Dalton Knipe
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2801 Wylie Dr & S State Hwy 78, Wylie, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!