412 S Collins Rd Sunnyvale, TX 75182
For Sale
1 / 2
This exceptional commercial land offering presents a rare opportunity to acquire three contiguous lots totaling approximately 2.84 acres in the thriving Sunnyvale medical complex. Located at 412 Collins Rd, Sunnyvale, TX 75182, this property boasts a highly desirable General Business (GB) zoning designation, allowing for a wide range of commercial development possibilities. The lots, individually sized at approximately 0.93 acres, 0.88 acres, and 1.03 acres, offer flexibility for various projects. The strategic location provides excellent visibility and accessibility, situated directly across from Baylor Scott & White Sunnyvale and a short drive from Dallas Regional Medical Center. The property benefits from convenient access to major thoroughfares, including Highway 352, Highway 80, and I-635, ensuring high traffic volume and easy commutes for employees and clients. Existing infrastructure includes utilities at the pad site and surface parking, minimizing development costs and expediting project timelines. The asking price is $460,000, with a land value of $12 per square foot. This presents a compelling investment opportunity in a rapidly growing area with strong demand for commercial properties, particularly within the healthcare sector. Surrounding businesses include IVY Dental, Plum Pediatrics, Sunnyvale Smiles, Behavioral Transformations, and Pain Institute, further solidifying the area's established medical presence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z267 · Sunnyvale, TXSunnyvale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.