1304 Parker Road
Land | 10 acres
Marketing description
This ±10-acre commercial land assemblage is positioned near the anticipated future signalized intersection of Parker Road (FM 2514) and the Park Boulevard extension — creating a future commercial node with long-term visibility and accessibility for retail, QSR, medical, and service uses. The assemblage benefits from direct frontage along Parker Road, a primary north-south arterial in eastern Collin County. TxDOT is actively expanding and widening FM 2514 from a two-lane to a four-lane divided roadway, significantly increasing long-term traffic exposure. The Park Boulevard extension project is actively progressing and projected toward completion in late 2027, creating a major east-west traffic corridor connecting the area to SH 78 and surrounding growth corridors. This infrastructure improvement will dramatically enhance regional connectivity and commercial viability.
The three-parcel assemblage is suitable for retail, QSR, medical, service, and mixed commercial uses. The conceptual pad-site layout illustrates multiple development configurations ranging from 0.8 to 2.0 acres per pad, with shared access drives and optional restaurant pad. Wylie's population has grown from 43,585 (2010) to an estimated 68,658 (2026) — a 57% increase — with projections reaching 76,483 by 2031. The surrounding trade area demonstrates strong household incomes (median $128,990), continued residential expansion, and increasing demand for neighborhood-serving retail and service uses.
Investment highlights
- Anticipated Future Signalized Hard-Corner Intersection — The property is positioned near the anticipated future signalized intersection of Parker Road (FM 2514) and the Park Boulevard extension — creating a future commercial node with long-term visibility and accessibility for retail, QSR, medical, and service uses.
- Direct Frontage Along Parker Road (FM 2514) — The assemblage benefits from direct frontage along Parker Road, a primary north-south arterial in eastern Collin County. TxDOT is actively expanding and widening FM 2514 from a two-lane to a four-lane divided roadway, significantly increasing long-term traffic exposure.
- Park Boulevard Extension — Projected Completion Late 2027 — The Park Boulevard extension project is actively progressing and projected toward completion in late 2027, creating a major east-west traffic corridor connecting the area to SH 78 and surrounding growth corridors. This infrastructure improvement will dramatically enhance regional connectivity and commercial viability.
- Strong Eastern Collin County Residential Growth — Wylie's population has grown from 43,585 (2010) to an estimated 68,658 (2026) — a 57% increase — with projections reaching 76,483 by 2031. The surrounding trade area demonstrates strong household incomes (median $128,990), continued residential expansion, and increasing demand for neighborhood-serving retail and service uses.
- Flexible Assemblage & Pad-Site Development Strategy — The three-parcel assemblage is suitable for retail, QSR, medical, service, and mixed commercial uses. The conceptual pad-site layout illustrates multiple development configurations ranging from 0.8 to 2.0 acres per pad, with shared access drives and optional restaurant pad.
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