Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 Squire Dr Wylie, TX

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

    Flex / Industrial space for sale in Wylie, Texas.

    Type:INDUSTRIAL
    Property size:
    22,234 SF
    Lot size:
    1.80 Acres
    Added:
    Oct 27, 2022
    Days on Market:
    1286
    Last Refresh:
    Apr 5 at 9:07 pm

    Property Features for 1001 Squire Dr

    General Information

    Standard status
    Active
    Size
    22,234 SF
    Lot size
    1.80 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1001 Squire Dr Contact us

    We can help!

    Listing Contact
    Taylor Stell

    Listing agent Taylor Stell

    Listing office Lee & Associates | Dallas/Fort Worth

    Listing date Oct 27, 2022

    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 Lee & Associates | Dallas/Fort Worth

    Overview

    Flex / Industrial Space Available

    This property features two buildings totaling 47,380 square feet, divided into 28 suites. The owner is open to selling suites individually or as a package. The property is equipped with a sprinkler system. The seller will deliver the space in shell condition, including one restroom. Delivery is expected in Q1 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Similar Places Nearby

    • ASH's Texas BBQ — 1060 Surrey Cir, Wylie, TX 75098

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5192
    Latitude
    33.0191

    Nearby Similar for Sale

    • $650,000

      Wylie Apartment Condo Building

      Well-maintained, fully occupied four-unit apartment building in Wylie, Texas.
      12 Trails Place, Wylie, TX 75098
      View Details
    • $2,500,000

      Wylie Industrial Building For Sale

      12,500 SF industrial building in Wylie, Texas.
      210 Security Court, Wylie, TX 75098
      View Details
    • $475,000

      Wylie Duplex with Updated Features

      Well-maintained duplex in Wylie with updated features and leases.
      405/407 S 4th Street, Wylie, TX 75098
      View Details
    • $1,790,000
      6,357 SF

      Wylie Industrial Building For Sale

      6,984 SF industrial building in high-growth Wylie area.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $1,600,000
      7,742 SF

      Townhome Portfolio in Wylie, Texas

      Four townhomes with leases in Wylie, TX. Investment opportunity.
      820 Eaglescliffe Landing, Wylie, TX 75098
      View Details
    • $1,790,000
      6,357 SF

      Wylie Freestanding Flex Building

      Freestanding flex building in Wylie with warehouse and office space.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $3,084,112
      2,824 SF

      New Construction NNN Ground Lease

      New construction NNN ground lease in fast-growing Wylie, Texas.
      2050 STATE HWY 78, Wylie, TX
      View Details
    • $2,512,000
      11,267 SF

      New Dollar General NNN Lease

      New construction Dollar General with a 15-year absolute NNN lease.
      1951 S State Hwy 78, Wylie, TX
      View Details
    • $1,790,000
      6,984 SF

      Wylie Freestanding Building For Sale

      Freestanding building in Wylie with office and warehouse space.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $2,500,000
      12,500 SF

      Versatile Industrial Building For Sale

      12,500 SF industrial building suitable for manufacturing and distribution.
      210 Security Court, Wylie, TX 75098
      View Details
    • $2,925,000
      15,000 SF

      Wylie Flex Building For Sale

      15,000 SF flex building in high-growth Wylie, Texas.
      1703 Martinez Ln, Wylie, TX
      View Details
    • $2,307,000
      10,098 SF

      Wylie, TX Childcare Investment Opportunity

      Single-tenant childcare facility with a new 5-year net lease.
      120 S Birmingham St, Wylie, TX 75098
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex / Industrial space for sale in Wylie, Texas.
    Where is this flex space located?
    The property is located at 1001 Squire Dr Wylie, TX.
    What are key features of this property?
    This property features: 47,380 SF total space across 2 buildings (28 suites); Suites available for individual sale; Q1 2024 delivery
    (214) 558-1969 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Taylor Stell
    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

    1001 Squire Dr, 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!