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    915 N Goliad Street Rockwall, TX 75087

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    Claim this Listing
    For Sale
    $650,000

    Business - Rockwall, TX

    Type:Business
    Lot size:
    0.50 Acres
    Added:
    Dec 2, 2025
    Days on Market:
    155
    Last Refresh:
    May 6 at 4:06 pm

    Property Features for 915 N Goliad Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Driveway, Garage, Open
    Standard status
    Active
    APN
    000000016669
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1980
    Flooring type
    Laminate, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Patty Turner

    Listing agent Patty Turner License #0426347

    Listing office Keller Williams Rockwall 550 Vigor Way Ste 200, Rockwall, TX

    Listing date Dec 2, 2025

    MLS# 21122721 Listing URL

    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.

    HighLights

    • High‑visibility location on North Goliad Street ensures constant traffic exposure.
    • Versatile 2,398 sq. ft. commercial building, previously a daycare, suitable for various business uses.
    • Ample expansion potential on just under half an acre, particularly for parking in the rear.
    • Dual access points from North Goliad and Alamo streets provide convenient entry and exit.
    • Features four well‑proportioned rooms and three half baths.
    • Durable brick construction with composition roof.

    Overview

    Rockwall Commercial Building on Goliad

    This 2,398 sq. ft. commercial building is located on North Goliad Street, a main thoroughfare in Rockwall, Texas. The property benefits from high visibility and consistent daytime traffic. Previously used as a daycare, the building is adaptable to various business purposes. The property is situated on approximately half an acre, offering space to expand parking in the rear. Dual access points are available from both North Goliad and Alamo streets. The building includes four rooms and three half baths. The property's frontage and expansion potential offer an opportunity for a business in a Rockwall location. Buyers should verify zoning and any use change requirements with the City of Rockwall.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Children's Learning Center ... Daycare Center Rise Academy Learning ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Lil Toodles Academy LLC — 3090 n goliad st, rockwall, tx 75087
    • Stepping Stones Preschool — 315 Dalton Rd, Rockwall, TX 75087

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.460576
    Latitude
    32.938128

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    FAQs

    What type of property is this?
    Day care center - Versatile commercial building on a high-traffic thoroughfare in Rockwall.
    Where is this day care center located?
    The property is located at 915 N Goliad Street Rockwall, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: High‑visibility location on North Goliad Street ensures constant traffic exposure.; Versatile 2,398 sq. ft. commercial building, previously a daycare, suitable for various business uses.; Ample expansion potential on just under half an acre, particularly for parking in the rear.
    (972) 772-7000
    We can help!
    Listing Contact
    Patty Turner
    Real Estate License ID: 0426347
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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