Sunnyvale Collins Rd & Clay Rd Sunnyvale, TX 75182

Property Details for Sunnyvale Collins Rd & Clay Rd

Lot size

6.99 lot acres

Property type

Land

Description

This exceptional 6.994-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Sunnyvale, Texas. Located at the intersection of South Collins Road and Clay Road, this property enjoys a highly desirable location directly across from the Baylor Scott & White Medical Center of Sunnyvale, a 70-bed facility offering comprehensive medical services and outpatient care. The site is situated in a rapidly growing area, adjacent to the upscale Stone Canyon residential development, featuring homes valued between $335,000 and over $500,000. Further enhancing its appeal, several other residential subdivisions are located nearby, contributing to a strong and expanding residential base. Future development plans include the addition of 55+ single-family homes to the southeast. The property benefits from exceptional demographics, boasting an average household income exceeding $99,000 and an average home value of $388,452 within a one-mile radius. This is further amplified by the proximity to the densely populated city of Mesquite. The City of Sunnyvale is actively promoting high-end developments and retail, with recent approvals for new retail and medical office developments along Collins Road (SH-352) and US Highway 80. Infrastructure improvements are underway, including the widening of Collins Road (SH-352), scheduled to commence construction in Summer 2017. Furthermore, there are ongoing discussions to extend the President George Bush Turnpike (IH-190) east of the property. The property is zoned for General Business use, and projected population growth within five years is estimated at 10.9%, with household growth projected at 8.8%. The average household income within one mile is $108,758. This presents a unique opportunity for developers seeking to capitalize on the area's robust growth and strong demographics.

Location Insight

City

Sunnyvale

County

Dallas

State

Texas

Longitude

-96.5662

Latitude

32.7795