2514 Parker Rd Wylie, TX 75098
Current Use by Public Records
- Land
Property Details for 2514 Parker Rd
- Property type
- Land
Description
This exceptional 80,102 sq ft commercial land parcel in Wylie, Texas, presents a lucrative investment opportunity. Located at the signalized intersection of FM 1378 and FM 2514, this property boasts a highly visible location on two six-lane thoroughfares. The site is already partially developed, with a CVS Pharmacy currently operating. One pad site is available for ground lease, and a multi-tenant retail building is under development, with Letters of Intent representing 64% pre-leased space. The property is zoned PD-10, allowing for a wide range of retail uses, including restaurants, fuel stations, banks, and professional services. Surrounded by thousands of existing homes and with thousands more planned nearby, this location offers unparalleled access to a large consumer base. High barriers to entry, limited competition, and a finished, pad-ready lot with all utilities in place make this a truly unique opportunity. The property's strategic location, coupled with its high visibility and zoning flexibility, ensures strong potential for long-term growth and profitability. The two remaining lots can be purchased separately or combined, offering flexibility for various development scenarios. This is a rare chance to capitalize on the explosive growth in the Wylie area and establish a thriving commercial presence in a highly desirable location. APN: R430698, R430689. Asking price: $2,100,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.5687
- Latitude
- 33.0536
