704 Business WayWylie, TX 75098

  • Commercial land
  • 0.53 AC
For Sale
$250,000 View listing

Property Details for 704 Business Way

Lot size
0.53 AC
Zone code
COMM
Property type
Commercial land
APN
R-2000-001-0110-1
APU
R200000101101

Description

This 0.53-acre commercial lot, located at 704 Business Way in Wylie, Texas, presents a unique investment opportunity. Situated near the heart of downtown Wylie, this vacant lot is zoned for commercial use, offering exceptional visibility and accessibility. Its strategic location just off FM 544 and SH 78 ensures high traffic exposure, with an average daily count of 9,125 vehicles. This translates to significant potential for attracting customers and establishing a strong business presence. Wylie is experiencing robust growth, making this lot particularly attractive for entrepreneurs and investors seeking to capitalize on the expanding market. The property's versatility allows for a wide range of commercial uses, providing flexibility for various business ventures. The lot's proximity to downtown Wylie offers easy access to local amenities and a thriving community. This is an exceptional chance to establish a business in a dynamic and rapidly developing area. All information is believed to be accurate but is not guaranteed

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,797,719
    Hospitality
    $5,310,680
    Educational
    $4,418,423
    Medical
    $4,570,379
    Retail
    $6,873,102
704 Business Way, Wylie, Texas

Location Insight

City
Wylie
County
Collin
State
Texas
Latitude
33.0089
Longitude
-96.5526
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
$3,280
$184,000
-
$184,000
-
$184,000
-
$184,000

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