2640 Fm 544 Wylie, TX 75098-4938
Property profile & analytics
2640 Fm 544, Wylie, TX 75098-4938
- Office buildings
- 8,000 SF
- 1.08 lot acres
Property ID
US82-9795231
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 2640 Fm 544
- Year built
- 2014
- Lot size
- 1.08 lot acres
- Property type
- Office buildings
- APN
- R-10530-00A-0010-1
- APU
- R1053000A00101
Description
This exceptional 8,116 square foot retail shopping center in Wylie, Texas, presents a compelling investment opportunity. Built in 2015, the property boasts a 100% occupancy rate with a strong net operating income (NOI) of $257,080, translating to a 6.25% capitalization rate. The property is situated on a 1.08-acre lot at 2640 FM 544, benefiting from excellent visibility and accessibility, with over 33,000 vehicles passing daily. Its strategic location as an outparcel to a high-performing Kroger Marketplace (rumored to be in the top 5% of all DFW Kroger stores, and top 90% in Texas and 93% in the US based on Placer.ai data) ensures consistent traffic and strong anchor tenancy. The center also enjoys proximity to Wylie High School (a 6A public school with over 3,000 students), contributing to a robust local demographic. The surrounding area features a high average household income exceeding $133,000 within a 3-mile radius—nearly double the national average—and includes numerous national retailers such as Target, Walmart, Lowe's, and more. The property features triple-net (NNN) leases, providing a passive income stream with minimal landlord responsibilities. This is a rare opportunity to acquire a well-established, high-performing retail asset in a thriving Texas market. The asking price is $4,115,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $565,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $761,000
Market price range: $475k - $761k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $575,000 Current use
- COMMERCIAL (GENERAL)
- $690,000 Change: +20% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.5777
- Latitude
- 33.0106
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$44,840
$895,506
$1,183,680
$2,079,186
-
$895,506
$1,183,680
$2,079,186
