2306 Ridge Rd, Rockwall, TX
5,379 SF office building available in Rockwall, Texas.
- Added:
- Mar 13, 2025
- Days on Market:
- 453
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 2306 Ridge Rd
General Information
- Standard status
- Active
- Size
- 5,379 SF
- Lot size
- 0.51 Acres
- Property subtype
- OFFICE
Listing agent Ryan McCullough
Listing office Partners Real Estate | Austin (512) 580-6025
Listing date Mar 13, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Partners Real Estate | Austin
HighLights
- 5,379 SF office building
- Located in Rockwall, Texas
Overview
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 | $165.2k | $30.72 |
| − Vacancy | −$45.3k | −$8.42 |
| EGI | $120.0k | $22.30 |
| − OpEx | −$30.0k | −$5.58 |
| NOI | $90.0k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.4655
- Latitude
- 32.9029
