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    200 Hooper Rd Wylie, TX 75098

    Sponsored
    For Sale
    $1,620,000

    2.4-acre Light Industrial site, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.41-acre lot presents a rare opportunity for development in Wylie, Texas. Located within the thriving Regency Business Park in Collin County, this property is zoned for Light Industrial use, offering a wide range of potential applications. Permitted uses include warehouse construction, outdoor storage, vehicle parking, and automotive repair, among others. The asking price of $1,620,000 represents an exceptional value, particularly considering it's the lowest priced per square foot light industrial zoned property in the area. This rapidly developing market shows significant growth potential, evidenced by several ongoing projects nearby. A new 50-acre residential development is currently under construction approximately 1,000 feet south of the property, indicating strong residential growth and increased demand for commercial services. Furthermore, the area boasts recent additions of popular businesses, including a Dutch Bros. Coffee, Wild Fork Foods, and a Bojangles Restaurant, all located within close proximity to the business park, enhancing the area's appeal and attracting a growing customer base. The property's address is 200 Hooper Rd, Wylie, TX 75098. This site offers significant potential for investors and developers seeking a strategic location in a booming market. The property's convenient location and diverse zoning possibilities make it an ideal investment for a variety of commercial ventures.

    Property Features for 200 Hooper Rd

    General Information

    Property type
    Land
    Lot Size
    104,980 SF

    HighLights

    • $1,620,000 asking price for 2.41 acres of land.
    • Light Industrial zoning.
    • Located at 200 Hooper Rd, Wylie, TX 75098 in Collin County.
    • Situated in the Regency Business Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.57832241025
    Latitude
    33.008108952693

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    FAQs

    What type of property is this?
    Land - 2.4-acre Light Industrial site, prime location.
    Where is this land located?
    The property is located at 200 Hooper Rd Wylie, TX.
    What is the asking price?
    The asking price for this property is $1,620,000.
    What are key features of this property?
    This property features: $1,620,000 asking price for 2.41 acres of land.; Light Industrial zoning.; Located at 200 Hooper Rd, Wylie, TX 75098 in Collin County.
    Request Owner's contact information
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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
    200 Hooper Rd Wylie, TX 75098
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