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Property profile & analytics
OFF-MARKET
Commercial real estate

306 Washington St Rockwall, TX 75087-3773

7,464 SF 0.23 ac lot Built 1980
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2774961
Property summary
AI-generated overview

This exceptional 3,375 square foot multi-tenant property at 306 E. Washington in Rockwall, Texas, 75087 presents a unique investment opportunity. Currently offering one available suite of 1,875 square feet, this storefront space boasts high visibility and excellent street frontage, making it ideal for a variety of retail or office uses. The building's design provides ample space for retail display, storage, and office or workspace areas, offering flexibility for diverse business needs. The property's location in the heart of Downtown Rockwall ensures high foot traffic and easy access for customers and employees. Ample parking is available, adding to the convenience and appeal of this location. The property type is classified as both Office and Retail, with a subtype of Storefront and Traditional. This versatile space is perfect for businesses seeking a prominent presence in a thriving Texas community. The property's address is 306 E. Washington, Rockwall, TX 75087. The geographic coordinates are 32.930158 latitude and -96.458032 longitude. This is a multi-tenant building, offering a strong potential for future growth and income. Don't miss this chance to secure a prime commercial space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 7,464 SF
Lot 0.23 ac (10,019 SF)
Zoning code GR
APN 4820-000U-0001-A0-0R
UPID US82-2774961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Archer Car Care Auto Repair Shop
  • Choosy Muthers Clothing Store Home Goods Store
  • Ollie Marie Boutique Clothing Store
  • The Rockwall Carpet Cleaning Corporate Office
  • Wren + Willow Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jay Gdom · 7 yrs held
Jay Gdom
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2015
Price N/A
2011
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
GR · Rockwall, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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