2722 Fm 544 Wylie, TX 75098
- Land
- 5.25 lot acres
Current Use by Public Records
- Land
Property Details for 2722 Fm 544
- Lot size
- 5.25 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.5801
- Latitude
- 33.0111