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Property profile & analytics
OFF-MARKET
Land

2016 State Hwy Wylie, TX 75098

2.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.41-acre commercial land parcel in Wylie, Texas, presents a remarkable investment opportunity. Located on State Highway 78, this property boasts a highly visible location with over 50,000 vehicles passing daily, providing unparalleled exposure for any commercial development. The property is zoned CC - Commercial Corridor District, allowing for a variety of uses including retail, office, medical, restaurant, and banquet hall spaces. Approved plans allow for two buildings, ranging from 1,450 to 15,000 square feet, offering flexibility for various development scenarios. The site benefits from its proximity to major retailers such as Walmart Supercenter, Panda Express, Starbucks, and a newly constructed multi-tenant building housing Swig and Starwood Café. Additional nearby amenities include a Comfort Suites hotel, Dollar Tree, PopShelf, and Marco's Pizza. The thriving Wylie community also features a significant municipal complex including a library, recreation center, and city hall, serving a large population base. The Wylie Independent School District, with its impressive 92% high school graduation rate and numerous campuses, further enhances the area's appeal. This prime location offers exceptional visibility, strong demographics, and immediate access to a major thoroughfare connecting to Plano and Dallas, making it an ideal site for a variety of commercial ventures. The high traffic count and established retail presence ensure a strong foundation for success. This is a rare opportunity to acquire a strategically located commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 2.41 ac (104,980 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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