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

    1501 Airport Rd Rockwall, TX 75087

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    7,768 SF medical office with established tenant in Rockwall.

    Property size:
    7,768 SF
    Lot size:
    0.47 Acres

    Property Features for 1501 Airport Rd

    General Information

    Size
    7,768 SF
    Lot size
    0.47 Acres

    We can help!

    Listing Contact
    David English
    Source: Moodyscre

    Listing Agent: David English

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

    Learn more

    Overview

    Rockwall Medical Office For Sale

    This 7,768 square foot property is located in Rockwall, TX. The property is currently occupied by Action Behavior Centers Therapy, LLC, established in 2016 with over 90 locations and annual revenue exceeding $150 million. The tenant is operating under a 7-year lease agreement that includes 2% annual rent increases. The lease also contains one 5-year renewal option at market rate.
    Location Intelligence

    Current Use by Public Records

    Action Behavior Centers ... Applied Behavior Analysis Therapist

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4402345
    Latitude
    32.9268471

    Nearby Similar for Sale

    • $1,099,000
      0.41 Acres

      Rockwall Mixed-Use Commercial Building

      High-visibility mixed-use commercial building near Rockwall's historic square.
      501 S Goliad St, Rockwall, TX 75087
      View Details
    • $650,000
      0.50 Acres

      Rockwall Commercial Building on Goliad

      Versatile commercial building on a high-traffic thoroughfare in Rockwall.
      915 N Goliad St, Rockwall, TX 75087
      View Details
    • $499,000
      1,733 SF

      Rockwall Turnkey Investment Opportunity

      Cozy 3-bedroom, 2-bath home with short-term rental history.
      824 E Heath St St, Rockwall, TX 75087
      View Details
    • $739,900
      0.42 Acres

      Charming Office Cottage Near Square

      Tasteful, professional office near historic Square with park-like side yard.
      603 N Goliad St, Rockwall, TX 75087
      View Details
    • $2,509,056
      4.80 Acres

      Prime Corner Retail Land, Rockwall

      4.8 acres of land suitable for retail or medical use.
      5811 Horizon & Rnch Trl, Rockwall, TX 75032
      View Details
    • $995,000
      0.13 Acres

      Rockwall Historic Town Square Building

      3,000 sq ft building in Rockwall's historic town square.
      201 E Washington St, Rockwall, TX 75087
      View Details
    • $625,000
      4.99 Acres

      Rockwall Warehouse on 5 Acres

      Warehouse shell on 5 acres ready for customization.
      1500 S Smith Rd, Rockwall, TX 75032
      View Details
    • $749,999
      0.30 Acres

      Versatile Buildings in Rockwall, TX

      Two buildings with parking, open floorplans, near downtown Rockwall.
      911 N Goliad St, Rockwall, TX 75087
      View Details
    • New
      $399,900
      0.11 Acres

      Rockwall Commercial Property with Charm

      Unique commercial property near downtown Rockwall with flexible spaces.
      302 W Rusk St, Rockwall, TX 75087
      View Details
    • $279,900
      1,405 SF

      Single-Story Condo with Lake Views

      Ground floor condo in Rockwall ISD with lake views.
      1891 Signal Ridge Pl, Rockwall, TX 75032
      View Details
    • $1,302,095

      Prime Retail Land Opportunity

      Land for retail, restaurant, or medical development near hospital.
      Ranch Trl, Rockwall, TX 75032
      View Details
    • Contact for pricing
      12,891 SF

      Rockwall Brewery and Restaurant Opportunity

      Former brewery and restaurant walkable to Downtown Rockwall.
      310 S Goliad St, Rockwall, TX 75087
      View Details

    FAQs

    What type of property is this?
    Medical office - 7,768 SF medical office with established tenant in Rockwall.
    Where is this medical office located?
    The property is located at 1501 Airport Rd Rockwall, TX.
    What are key features of this property?
    This property features: - Tenant is Action Behavior Centers Therapy, LLC, a well-established company with 90+ locations.; - Action Behavior Centers Therapy, LLC has a strong financial profile with $150M+ in revenue and $24M+ in net income.; - Enjoy a secure investment with a 7-year lease in place.
    (972) 961-8532
    Request Owner's contact information
    1501 Airport Rd 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.
    1501 Airport Rd
    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
    1501 Airport Rd 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
    David English
    Real Estate License ID: 0370006
    (972) 961-8532
    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.