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Commercial Land in Growing Wylie
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2605 Country Club Rd, Wylie, TX 75098

Located in a rapidly growing area with high development potential.

Property Size8,278 SF
Price / SF$269.13
Days on Market1916

Property Features for 2605 Country Club Rd

General Information

Standard status Active
Size 8,278 SF
Class A
Property subtype Retail, Land, Office
Zoning PD (retail)
Lease Type NNN

Building Details

Year Built 2026
Buildings 1
Stories 1
Units 6
Tenancy Multi
Listing Agency: Imperium Holdings LP
Listed By: Stephen Schattner · License #TX 0502217
Source: Crexi
Added: Jul 10, 2021 Changed: Sep 25 Last Checked: Oct 7 at 10:26AM

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 Imperium Holdings LP

Investment Insights

Based on property information with market context.

Located approximately 36 minutes north of downtown Dallas, this commercial property is situated at the southwest corner of FM 1378 and FM 2514 in Wylie, Texas. The area has experienced rapid population growth. Both roads have been widened into six-lane thoroughfares. The property is located at the signalized intersection of two major regional thoroughfares, bordered by the City of Wylie to the southwest, the Town of Lucas to the northwest, and the Town of Saint Paul to the southeast and northeast. The property will be shadow-anchored by a new Tom Thumb grocery store at the northwest corner. The Tom Thumb development is planned to include a 130,000-square-foot shopping center anchored by Tom Thumb and a 25,000-square-foot restaurant village with 15 pad sites and a community park. Construction for the Tom Thumb is expected to begin in the fourth quarter of 2025 and be completed in 2026. The neighboring community of Parker prohibits commercial development, limiting retail competition up to five miles west. High barriers to entry have historically limited commercial development in the area. The property is a commercial island, offering business owners an opportunity to capture consumers within an expansive trade area. Limited retail services exist for two miles south, five miles west, three miles east up to the edge of Lake Lavon, and ten miles north, approximately half the distance to US 380. The intersection is surrounded by several thousand existing high-density residential homes to the south, with several thousand more lots planned immediately north and east. A CVS has been constructed and is currently operating. The site, zoned Planned Development, PD-10, is suitable for fuel operations and banks, retail and professional services, automotive businesses, and drive-through and sit-down restaurants. All utilities are on site. The property size is 8278 square meters.

Key Highlights

  • Shadow‑anchored by a new Tom Thumb and a 25,000‑square‑foot restaurant village with 15 pad sites and a community park (construction expected Q4 2025‑2026).
  • Located at the signalized intersection of FM 1378 and FM 2514, two major six‑lane thoroughfares in a rapidly growing region north of Dallas.
  • High barriers to entry and limited retail competition due to Parker prohibiting commercial development.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$133,197
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,663,940 $2.7M
Cap Rate 7%
$1,902,814 $1.9M
Cap Rate 9%
$1,479,967 $1.5M
Market Conditions
NOI Build-Up for 8,278 SF
Gross rent
$199.7K $24.12/SF
− Vacancy
−$9.4K −$1.13/SF
EGI
$190.3K $22.99/SF
− OpEx
−$57.1K −$6.90/SF
NOI
$133.2K $16.09/SF
Area
Collin County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,663,940
Cap Rate 7%
$1,902,814
Cap Rate 9%
$1,479,967

Alternative Uses

Best Use
Industrial
$8.23M
$7.20M – $9.60M (±1% cap)
NOI $575,787 @ 7.0% cap · market cap 25.84%
Second Best
Retail
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $133,197 @ 7.0% cap · market cap 5.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Catering Service Cafe & Coffee Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Located in a rapidly growing area with high development potential.
Where is this commercial land located?
The property is located at 2605 Country Club Rd Wylie, TX.
What is the asking price?
The asking price for this property is $2,227,864.
What are key features of this property?
This property features: Shadow‑anchored by a new Tom Thumb and a 25,000‑square‑foot restaurant village with 15 pad sites and a community park (construction expected Q4 2025‑2026).; Located at the signalized intersection of FM 1378 and FM 2514, two major six‑lane thoroughfares in a rapidly growing region north of Dallas.; High barriers to entry and limited retail competition due to Parker prohibiting commercial development.
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