Flex Space with Garage
New
For Sale
$160,000
1250 State Highway 205, Rockwall, TX 75032
Heated commercial flex space with an open floor plan, office, storage room, and loft.
Property Size1,695 SF
Days on Market2
Property Features for 1250 State Highway 205
General Information
Standard status
Active
Size
1,695 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
1,695 SF
Year Built
1974
Stories
1
Units
1
Listing Agency:
Keller Williams Rockwall
(972) 880-0369
Listed By:
Brian Weast · License #0543922
(972) 880-0369
Source:
1111brokerage
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 4:04AM
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 Keller Williams Rockwall
Investment Insights
Based on property information with market context.
This commercial flex property provides an adaptable open interior with a heated work area, office, storage room, and loft. A 10-by-26-foot garage door and 19-foot peak ceiling support a range of operational and storage requirements. The building dates to 1974 and carries Commercial zoning.
Positioned just off State Highway 205 at 1250 State Highway 205 in McLendon Chisholm, the property offers road-facing exposure and direct visibility from the highway corridor. Its configuration is suited to automotive, contractor, storage, and small-business uses identified for the property.
Positioned just off State Highway 205 at 1250 State Highway 205 in McLendon Chisholm, the property offers road-facing exposure and direct visibility from the highway corridor. Its configuration is suited to automotive, contractor, storage, and small-business uses identified for the property.
Key Highlights
- 10‑by‑26‑foot garage door
- 19‑foot peak ceiling height
- Heated open‑layout flex space
Financial Insights For Warehouse
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 | $13.8k | $8.16 |
| − Vacancy | −$1.2k | −$0.72 |
| EGI | $12.6k | $7.44 |
| − OpEx | −$1.9k | −$1.12 |
| NOI | $10.7k | $6.33 |
1,695 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$277.1K
$242.5K – $323.3K
NOI $19,398 @ 7.0% cap · market cap 12.12%
Second Best
Warehouse
$153.2K
$134.0K – $178.7K
NOI $10,722 @ 7.0% cap · market cap 6.70%
Theoretical Best
Hotel Hospitality
$1.28M
$1.12M – $1.49M
NOI $89,369 @ 7.0% cap · market cap 55.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Firehouse Subs Rockwall Plaza — 1067 E Interstate 30 #107, Rockwall, TX 75087
Frequently Asked Questions
What type of property is this?
Flex space - Heated commercial flex space with an open floor plan, office, storage room, and loft.
Where is this flex space located?
The property is located at 1250 State Highway 205 Rockwall, TX.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 10‑by‑26‑foot garage door; 19‑foot peak ceiling height; Heated open‑layout flex space
