Listing Agency: RE/MAX Dallas Suburbs k***@gmail.com Show Phone

Listed By: Katie LaQuey · License #TX 0504479

Source: Crexi

Added: Oct 25, 2019 Changed: Aug 8 Last Checked: Aug 23 at 12:45PM

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Investment Insights

Based on property information with market context.

This property features approximately 6 acres of land in St. Paul, mostly within the ETJ. It is located close to Lake Lavon. Currently designated for residential use, the property offers potential commercial development opportunities, especially with the future expansion of Park Blvd proposed to run close to this area. The property is located approximately 2.5 miles from the Inspiration development. According to the flood map and owner, the property is not located within a 100-year floodplain.

Key Highlights

• Approximately 6 acres close to Lake Lavon
• Potential for commercial development due to future Park Blvd expansion
• Residential use is currently permitted

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Building Supply Garden Center Cafe & Coffee Shop

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

106

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 6 acres near Lake Lavon with development potential.

Where is this land located?

The property is located at 550 Parker Rd Wylie, TX.

What is the asking price?

The asking price for this property is $1,325,000.

What are key features of this property?

This property features: Approximately 6 acres close to Lake Lavon; Potential for commercial development due to future Park Blvd expansion; Residential use is currently permitted