Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Neq - Collins Rd. & Clay Rd Sunnyvale, TX 75182

    Sponsored
    For Sale
    Contact for pricing

    6.99 acres, General Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    403
    This exceptional 6.994-acre commercial land parcel presents a unique investment opportunity in the thriving city of Sunnyvale, Texas. Located at the intersection of Collins Road and Clay Road in Dallas County, this property boasts a highly desirable General Business zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for a variety of projects, from retail centers and office buildings to light industrial facilities. Its strategic location offers excellent visibility and accessibility, ensuring high traffic volume and convenient access for customers and employees. The property's address is NEQ - Collins Rd. & Clay Rd., Sunnyvale, TX 75182, with GPS coordinates of 32.779455 latitude and -96.5662241 longitude. This prime piece of real estate is ready for immediate development, making it an ideal acquisition for savvy investors seeking significant returns in a rapidly growing Texas market. The property is currently for sale and presents a rare chance to secure a substantial land holding in a highly sought-after location. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land opportunity. The property is zoned for General Business use, providing flexibility for a range of commercial ventures. This is a blank canvas for your next commercial development project.

    Property Features for 0 Neq - Collins Rd. & Clay Rd

    General Information

    Property type
    Land
    Lot Size
    304,659 SF

    We can help!

    Listing Contact
    Collins Meier
    Collins Meier

    Learn more

    HighLights

    • 6.994‑acre commercial land parcel.
    • Located in Sunnyvale, Texas, Dallas County, zip code 75182.
    • General Business zoning.
    • Situated at the northeast quadrant (NEQ) of Collins Rd. and Clay Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sunnyvale
    County
    Dallas
    State
    Texas
    Longitude
    -96.5662241
    Latitude
    32.779455

    Nearby Comparable

    • Contact for pricing
      2.21 Acres

      Sunnyvale Commercial Land - 2.21 Acres

      Prime Retail Land, High Visibility, Hospital Proximity
      401 Collins Rd, Sunnyvale, TX 75182
      View Details
    • $1,463,000
      0.88 Acres

      Sunnyvale Commercial Land Investment

      Prime medical area land, multiple lots available.
      412 Collins Rd, Sunnyvale, TX 75182
      View Details
    • Contact for pricing
      1.31 Acres

      Sunnyvale Commercial Land - Hwy 80

      1.313 Acres, Prime Dallas County Location
      0 Sunnyvale - Sec Hwy. 80 & Collins Rd, Sunnyvale, TX 75182
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land with utilities and surface parking in place.
      412 S Collins Rd, Sunnyvale, TX 75182
      View Details
    • $1,175,000
      4.51 Acres

      Industrial Land Ready For Development

      4.51 acre industrial site cleared and ready for development.
      400 Long Creek Rd, Sunnyvale, TX 75182
      View Details
    • $550,000
      2.38 Acres

      Land Ready For Development

      Unimproved land in Mesquite, TX, ripe for development.
      445 Highway 352, Mesquite, TX 75149
      View Details
    • $620,000
      910 SF

      Mesquite Development Opportunity

      High-value land, residential zoning.
      445 Highway 352, Mesquite, TX 75149
      View Details
    • $400,000
      2.00 Acres

      Commercial Land in Industrial Area

      Two-acre corner lot in established industrial area, Mesquite, TX.
      100 E Kearney St, Mesquite, TX 75149
      View Details
    • Contact for pricing
      11,934 SF

      Retail Property in Sunnyvale, TX

      Retail property featuring 11,934 square feet of space.
      3131 N Belt Line Rd, Sunnyvale, TX
      View Details

    Nearby Similar for Sale

    • $3,395,000

      Sunnyvale Equestrian Property on 27 Acres

      27-acre equestrian property in Sunnyvale, ideal for residence or investment.
      577 Polly Rd, Sunnyvale, TX 75182
      View Details
    • Contact for pricing
      11,934 SF

      Retail Property in Sunnyvale, TX

      Retail property featuring 11,934 square feet of space.
      3131 N Belt Line Rd, Sunnyvale, TX
      View Details
    • Contact for pricing
      10,000 SF

      Sunnyvale Retail Storefront Opportunity

      High-Yield Texas Retail Investment
      403 Collins Rd, Sunnyvale, TX 75182
      View Details

    FAQs

    What type of property is this?
    Land - 6.99 acres, General Business Zoning
    Where is this land located?
    The property is located at Neq - Collins Rd. & Clay Rd Sunnyvale, TX.
    What are key features of this property?
    This property features: 6.994-acre commercial land parcel.; Located in Sunnyvale, Texas, Dallas County, zip code 75182.; General Business zoning.
    (214) 526-3626
    Request Owner's contact information
    Neq - Collins Rd. & Clay Rd Sunnyvale, TX 75182
    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.
    Neq - Collins Rd. & Clay Rd
    Sunnyvale, TX 75182
    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
    Neq - Collins Rd. & Clay Rd Sunnyvale, TX 75182
    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

    We can help!
    Listing Contact
    Collins Meier
    Collins Meier
    Real Estate License ID: TX 714822
    (214) 526-3626
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.