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Property profile

791 Hwy 78 Hwy Wylie, TX 75098

OFF-MARKET
Retail properties & Spaces
6,108 SF 1.17 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional 6,108 square foot retail property, situated on a 1.17-acre lot at 791 S Highway 78 Highway Unit S in Wylie, TX, presents a unique investment opportunity. Currently an open space with all interior walls removed, the property comes with approved city permits for the construction of a four-unit, 1500 square foot strip center. Each unit will be delivered as a "white box," allowing for complete customization to suit individual tenant needs. This prime location offers unparalleled visibility and accessibility, positioned just south of Wylie, Texas' busiest intersection, ensuring high foot traffic and significant exposure to potential customers. The existing infrastructure provides a solid foundation for immediate development, minimizing construction time and maximizing return on investment. This is an exceptional chance to capitalize on the thriving Wylie market and create a profitable retail center in a high-demand area. The asking price is $2,200,000. This property is ready for immediate development and offers a significant opportunity for investors seeking a high-return, build-to-suit retail project. The approved plans streamline the development process, reducing potential delays and costs. Don't miss this chance to secure a prime retail location in a rapidly growing Texas city.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 6,108 SF
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

791 Hwy 78 Hwy Wylie, TX 75098
Wylie metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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