Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2876-2900 Ridge Road Ct Rockwall, TX 75087

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($2,947 /Mo)

    Office space available in Rockwall with high visibility.

    Property size:
    1,415 SF
    Lot size:
    1.25 Acres

    Property Features for 2876-2900 Ridge Road Ct

    General Information

    Size
    1,415 SF
    Lot size
    1.25 Acres

    We can help!

    Listing Contact
    James Cervine
    Source: Moodyscre

    Listing Agent: James Cervine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Rockwall Office Space For Rent

    This office space, located in Rockwall, Texas, offers a premier location with excellent visibility and signage. The property benefits from a high traffic count. The property offers 1415 square feet of space and is available for rent.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4704502
    Latitude
    32.958151

    Nearby Similar for Lease

    • $2,500 /Mo
      4,443 SF

      Office Space in Rockwall, TX

      Office space available for rent in Rockwall, Texas.
      2231 Ridge Road Ct, Rockwall, TX 75087
      View Details
    • Contact for pricing
      2,250 SF

      Historic Downtown Corner Retail Space

      Prime corner retail/restaurant space in Historic Downtown Rockwall.
      101 N Goliad St, Rockwall, TX 75087
      View Details
    • $4,300 /Mo
      3,544 SF

      Shores Country Club Golf Living

      Spacious home with golf course views and flexible lease terms.
      1310 Shores Blvd, Rockwall, TX 75087
      View Details
    • Contact for pricing
      54,521 SF

      Rockwall Retail Center Opportunity

      Prime Rockwall retail space available
      2455 Ridge Rd, Rockwall, TX 75087
      View Details
    • Contact for pricing
      3,800 SF

      Rockwall Office Space Available

      3,800 SF office space for lease in Rockwall, TX.
      2890 S Goliad St, Rockwall, TX 75032
      View Details
    • Contact for pricing
      2,500 SF

      Downtown Rockwall Office Space

      Prime Rockwall Office: 2,500 SF Available
      405 Kaufman St, Rockwall, TX 75087
      View Details
    • Contact for pricing

      Rockwall Retail Center - Prime Location

      11.85 Acres, Single Tenant Retail Opportunity
      & TX-276 John King Blvd, Rockwall, TX 75032
      View Details
    • Contact for pricing
      4,805 SF

      Rockwall Downtown Office Space

      Office space in Rockwall's walkable downtown district.
      409 W Washington St, Rockwall, TX 75087
      View Details
    • Contact for pricing
      13,200 SF

      Rockwall Retail Space For Lease

      Prime 13,200 SF Retail Building
      401 Rusk St, Rockwall, TX 75087
      View Details
    • $17 SF/Yr
      85,100 SF

      Rockwall FlexSpace Center

      Modern Office Warehouses, I-30 Access
      1760 Airport Rd, Rockwall, TX 75087
      View Details
    • Contact for pricing
      4,539 SF

      Rockwall Restaurant Space For Lease

      Prime Retail Location, 4,539 SF Available
      1407 Goliad St, Rockwall, TX 75087
      View Details
    • Contact for pricing
      5,661 SF

      Downtown Fate Retail Space

      Prime Retail, Flexible Space Available
      112 Greenhill Ln, Rockwall, TX 75087
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available in Rockwall with high visibility.
    Where is this office space located?
    The property is located at 2876-2900 Ridge Road Ct Rockwall, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Premier location; - High traffic count; - Excellent visibility
    (972) 636-2888
    Request Owner's contact information
    2876-2900 Ridge Road Ct Rockwall, TX 75087
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2876-2900 Ridge Road Ct
    Rockwall, TX 75087
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    2876-2900 Ridge Road Ct Rockwall, TX 75087
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Cervine
    (972) 636-2888
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.