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    217 Laurence Dr Heath, TX 75032

    For Sale
    $1,600,000

    Prime Heath location, 2,663 sqft, 2.86 acres

    Property size:
    2,663 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2.86-acre commercial property in the heart of downtown Heath, Texas, presents a remarkable investment opportunity. The property encompasses a substantial 2,663 square feet of existing building space, currently configured as a home. This structure offers the potential for repurposing into office space, providing immediate occupancy and a unique, established character. Alternatively, the existing building could be demolished to allow for the construction of a new commercial building tailored to specific requirements. The expansive 2.86-acre lot provides ample space for a variety of commercial developments, catering to diverse business needs. Situated in the vibrant downtown area of Heath, this property benefits from high visibility and convenient access to local amenities and transportation routes. This is a rare chance to acquire a significant commercial parcel in a thriving Texas town, offering flexibility and substantial potential for growth and return on investment. The property's prime location and generous size make it an ideal choice for entrepreneurs and investors seeking a prominent presence in the Heath commercial market. The existing structure provides a cost-effective starting point or a clean slate for new construction, depending on the chosen development path.

    Property Features for 217 Laurence Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,663 SF
    Lot Size
    124,582 SF

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Heath
    County
    Rockwall
    State
    Texas
    Longitude
    -96.47384
    Latitude
    32.83889

    Nearby Comparable

    • Contact for pricing
      6,000 SF

      Retail, Office, Medical Space Available

      Located in Heath, ideal for retail, office, or medical.
      315 Laurence Dr, Heath, TX 75032
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    • Contact for pricing
      6,000 SF

      Heath, TX Retail/Medical Space

      Move-in ready, 2,000 SF NNN lease.
      315 Laurence Dr, Heath, TX 75032
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    • $325,000

      Corner Lot in Heath, Texas

      1.594-acre corner lot with FM 740 frontage in Heath.
      00 Fm 740, Heath, TX 75032
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    Nearby Similar for Sale

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    • Contact for pricing
      6,000 SF

      Retail, Office, Medical Space Available

      Located in Heath, ideal for retail, office, or medical.
      315 Laurence Dr, Heath, TX 75032
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    • $750,000
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      Prime Heath, TX Land - 6.8 Acres

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      740 Fm Rd, Heath, TX 75126
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    • Contact for pricing
      6,000 SF

      Heath, TX Retail/Medical Space

      Move-in ready, 2,000 SF NNN lease.
      315 Laurence Dr, Heath, TX 75032
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Heath location, 2,663 sqft, 2.86 acres
    Where is this office property / space located?
    The property is located at 217 Laurence Dr Heath, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    Request Owner's contact information
    217 Laurence Dr Heath, TX 75032
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    Heath, TX 75032
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    217 Laurence Dr Heath, TX 75032
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