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    403 Collins Rd Sunnyvale, TX 75182

    Sponsored
    For Sale
    Contact for pricing

    High-Yield Texas Retail Investment

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000-square-foot retail storefront, located at 403 S. Collins Rd. in Sunnyvale, Texas, presents a compelling investment opportunity. Built in 2023, this Class B property boasts a substantial 3.41-acre lot, offering ample space and potential for expansion or future development. The property currently operates as a multi-tenant retail space, generating a strong Net Operating Income (NOI) of $240,000, translating to an attractive 5.00% capitalization rate. The asking price for this turnkey investment is available upon request. Situated in the Dallas County, zip code 75182, this Sunnyvale location benefits from excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses. The single building structure provides a cohesive and easily managed investment. This property represents a rare chance to acquire a high-performing retail asset in a thriving Texas market with significant upside potential. Detailed financial information and property specifics are available upon request. Serious inquiries only.

    Property Features for 403 Collins Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,000 SF
    Class
    B
    Lot Size
    148,540 SF

    Building Details

    Year Built
    2023
    Buildings
    1

    HighLights

    • 10,000 SF multi‑tenant retail storefront in Sunnyvale, TX.
    • Asking price: $0 (requires further inquiry).
    • Class B building, built in 2023, on a 3.41‑acre lot.
    • Net Operating Income (NOI) of $240,000, representing a 5.00% capitalization rate.
    • Located at 403 S. Collins Rd., Sunnyvale, TX 75182.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyvale
    County
    Dallas
    State
    Texas
    Longitude
    -96.5463156
    Latitude
    32.8066621

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    FAQs

    What type of property is this?
    Individual retail property - High-Yield Texas Retail Investment
    Where is this individual retail property located?
    The property is located at 403 Collins Rd Sunnyvale, TX.
    What are key features of this property?
    This property features: 10,000 SF multi-tenant retail storefront in Sunnyvale, TX.; Asking price: $0 (requires further inquiry).; Class B building, built in 2023, on a 3.41-acre lot.
    Request Owner's contact information
    403 Collins Rd Sunnyvale, TX 75182
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    Sunnyvale, TX 75182
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    Realmo Value Estimation

    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.

    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.

    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
    403 Collins Rd Sunnyvale, TX 75182
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