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Office Complex with Barn Storage

3435 State Highway 276 Rockwall, TX 75032

3435 State Highway 276, Rockwall, TX, 75032
$1,400,000
For Sale
$1,400,000

SINGLE_FAMILY - Rockwall, TX

Property Size2,450 SF
Lot Size2.07 Acres
Price / SF$571.43
Days on Market21

Property Features for 3435 State Highway 276

General Information

Property type
Residential
Property subtype
Office
Parking features
Open
Standard status
Active
APN
34335
Lot size
2.07 Acres

Utilities

Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1912
Floors in Building
2
Number of units
4
Flooring type
Linoleum, Paintedstained, Wood
Building materials
Frame
Listing agency Keller Williams Rockwall
Listed by Cindy Miller · License #0481033
Added: Jul 1 Checked: Jul 21 at 8:06AM
MLS# 21168079

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

An office complex set on 2.07 acres with an interior buildout that includes four offices, a conference room, reception area, kitchen, and restrooms. The property features original hardwood floors and a stained staircase, and it includes a barn of 2,450 square feet with a concrete floor.

The offering is located at 3435 State Highway 276 in Rockwall, near the Rockwall Technology Park and Rochelle Road. Public remarks indicate proximity of approximately 4 miles to I-30 and mention frontage on a high-traffic road of approximately 24,000 vehicles per day. The remarks also note “no zoning outside City Limits,” with potential uses mentioned as including office, car wash, and storage.

Water and septic are reported to be in place on the property.

Key Highlights

  • 2‑acre property with office complex featuring 4 offices, a conference room, reception area, kitchen, and restrooms
  • Original hardwood floors and stained staircase
  • Barn on‑site with 2,450 SF concrete floor

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $75.3k $30.72
− Vacancy −$20.6k −$8.42
EGI $54.6k $22.30
− OpEx −$13.7k −$5.58
NOI $41.0k $16.73
2,450 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$585.4K
$512.3K – $683.0K (±1% cap)
NOI $40,981 @ 7.0% cap · market cap 2.93%
Second Best
Warehouse
$221.4K
$193.7K – $258.3K (±1% cap)
NOI $15,498 @ 7.0% cap · market cap 1.11%
Theoretical Best
Hotel Hospitality
$1.85M
$1.61M – $2.15M (±1% cap)
NOI $129,176 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Restaurant Auto Parts Store Pharmacy Plumbing Service Garden Center Bakery Auto Repair Shop Law Firm Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Office complex on 2.07 acres with a barn, concrete floor, and water and septic already in place.
Where is this office units located?
The property is located at 3435 State Highway 276 Rockwall, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2‑acre property with office complex featuring 4 offices, a conference room, reception area, kitchen, and restrooms; Original hardwood floors and stained staircase; Barn on‑site with 2,450 SF concrete floor
Contact an agent
More about this property
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