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Property profile & analytics
OFF-MARKET
Land

200 Hooper Rd Wylie, TX 75098

2.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.41-acre lot presents a rare opportunity for development in Wylie, Texas. Located within the thriving Regency Business Park in Collin County, this property is zoned for Light Industrial use, offering a wide range of potential applications. Permitted uses include warehouse construction, outdoor storage, vehicle parking, and automotive repair, among others. The asking price of $1,620,000 represents an exceptional value, particularly considering it's the lowest priced per square foot light industrial zoned property in the area. This rapidly developing market shows significant growth potential, evidenced by several ongoing projects nearby. A new 50-acre residential development is currently under construction approximately 1,000 feet south of the property, indicating strong residential growth and increased demand for commercial services. Furthermore, the area boasts recent additions of popular businesses, including a Dutch Bros. Coffee, Wild Fork Foods, and a Bojangles Restaurant, all located within close proximity to the business park, enhancing the area's appeal and attracting a growing customer base. The property's address is 200 Hooper Rd, Wylie, TX 75098. This site offers significant potential for investors and developers seeking a strategic location in a booming market. The property's convenient location and diverse zoning possibilities make it an ideal investment for a variety of commercial ventures.

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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