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    OFF-MARKET
    Land

    2722 Fm 544, Wylie, TX 75098

    5.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional commercial land opportunity in Wylie, Texas, totaling 5.25 acres with approximately 550 feet of frontage on FM 544. This prime location sits between Target and Kroger, experiencing high daily traffic exceeding 50,000 vehicles. The property is ideally suited for a mixed-use development, catering to the growing need for both residential and commercial spaces in Wylie. Currently zoned for a use that would require rezoning to achieve the desired mixed-use development. The City of Wylie has indicated a potential for up to 15 dwellings per gross acre, incorporating retail space at lower levels and along the FM 544 frontage. This presents a unique chance to create a vibrant and profitable development in a rapidly expanding area. The asking price is $2,750,000. The property's strategic location and high traffic count make it an attractive investment opportunity, whether for immediate development or as a buy-and-hold strategy. Inquiries about potential expansion opportunities with adjacent land are welcome.

    Property profile
    Verified
    Property type Land
    Lot 5.25 ac (228,690 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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