Property profile

1345 E Fm 544 Wylie, TX 75098

FOR SALE
Commercial land
Property ID
US82-4853811
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Property summary

AI-generated overview

Introducing Prime Lot on FM 544 E @ Alanis Dr. , a 1.5-acre unzoned property in Wylie, TX. Boasting a strategic location with 325 ft. of frontage on FM 544, this lot is set to benefit from the upcoming 4-lane expansion on FM 544 East, scheduled for completion in 2025. With a planned traffic light at Alanis Dr. and the future extension of the road, this property offers versatility for both commercial and residential use. The area has seen a 30% population increase since 2010 and enjoys high traffic counts of 9,125 VPD on FM 544 and 4,815 VPD on Alanis. Situated in Wylie ETJ with potential future annexation by the City of Wylie, utilities are readily available, including water, electricity, natural gas, and more. Don't miss this opportunity to invest in a thriving location with excellent growth prospects. Contact us for more information.

Property profile

Verified
Property type Commercial land
UPID US82-4853811

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1345 E Fm 544 Wylie, TX 75098
Wylie metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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