401 Collins RdSunnyvale, TX 75182
- Retail space
- 8,008 SF
Property Details for 401 Collins Rd
- Year built
- 2021
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.16 AC
- Property size (Sq ft)
- 8,008 SF
- Property type
- Retail space
- APN
- 52008880010010000
- APU
- 52008880010010000
Description
This exceptional 2.21-acre commercial land site presents a unique investment opportunity in Sunnyvale, Texas. Located at 401 S. Collins Rd., this property boasts unparalleled visibility and accessibility, situated directly across the street from Baylor Scott and White Hospital. The property's zoning permits retail development, making it ideal for a variety of commercial uses. The large lot size offers ample space for a substantial development project. The address is 401 S. Collins Rd., Sunnyvale, TX 75182, within Dallas County. The property's geographic coordinates are latitude 32.7769066 and longitude -96.5693394. This location offers significant advantages, including high traffic volume due to the hospital's presence and easy access for customers and employees. The single existing building on the site presents potential for redevelopment or repurposing. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Texas community with excellent visibility and proximity to a major healthcare facility. The property is zoned for retail use, providing flexibility for various commercial ventures. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,180,692
- 6.5%
- $2,012,946
- 7%
- $1,869,164
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,483,076
- Geo Method
- $6,041,738
-
Alternative Use
- Use
- Valuation
- Residential
- $1,697,995
- Hospitality
- $1,555,355
- Educational
- $1,294,037
- Medical
- $1,338,541
- Retail
- $2,012,946
Location Insight
- City
- Sunnyvale
- County
- Dallas
- State
- Texas
- Latitude
- 32.7769
- Longitude
- -96.5692
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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