Two-Building Industrial
For Sale
$2,250,000
3285 Springer Ln, Rockwall, TX 75032
Vacant masonry improvements support warehouse, assembly, fabrication, and light manufacturing uses.
Property Size10,000 SF
Lot Size1.09 Acres
Price / SF$225
Days on Market50
Property Features for 3285 Springer Ln
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.09 Acres
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
3
Additional Details
Highway Access
Yes
Amenities
Vacant Two-Building +/-10,000-Square-Foot Industrial Asset Situated on 1.09 Acres
Masonry Construction Featuring 14'-18' Clear Height, Three Grade-Level Doors, and Updated Office Space
Two Buildings Create Versatility for Single-Tenant or Multi-Tenant Uses
Recent Amendment to Permitted Land Use Allows for Warehouse, Light Assembly and Fabrication, and Light Manufacturing Uses
Rockwall County Has Experienced a 30.5% Increase in Population Between 2020 and 2025 (U.S. Census)
Ideal Location with Easy Access to Interstate 30
Building Details
Building Size
10,000 SF
Year Built
2016
Buildings
2
Construction
masonry
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Davis Cagle · License #License(s): TX: 722097
(972) 755-5230
Source:
Marcusmillichap
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 5 at 3:08PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This vacant industrial property includes two masonry buildings totaling approximately 10,000 square feet on 1.09 acres. Built in 2016, the improvements provide 14'-18' clear height and three grade-level doors, with a configuration that can accommodate either a single occupant or multiple users. The property offers a practical base for warehouse operations, light assembly and fabrication, or light manufacturing under the permitted land-use amendment.
Located at 3285 Springer Ln in Rockwall, Texas, the property provides access to Interstate 30 and is positioned within the Dallas-Fort Worth metropolitan area. Its vacant condition allows an owner-user or leasing strategy to be evaluated without an existing occupancy structure. The two-building layout, door access, and industrial clear height provide the primary physical characteristics for evaluating operational requirements and space planning.
Located at 3285 Springer Ln in Rockwall, Texas, the property provides access to Interstate 30 and is positioned within the Dallas-Fort Worth metropolitan area. Its vacant condition allows an owner-user or leasing strategy to be evaluated without an existing occupancy structure. The two-building layout, door access, and industrial clear height provide the primary physical characteristics for evaluating operational requirements and space planning.
Key Highlights
- Approximately 10,000 square feet of industrial space on 1.09 acres
- Two‑building vacant property with masonry construction
- 14'-18' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,256
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,120
$1.3M
Cap Rate 7%
$903,657
$903.7K
Cap Rate 9%
$702,844
$702.8K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$81.6K $8.16/SF
− Vacancy
−$7.2K −$0.72/SF
EGI
$74.4K $7.44/SF
− OpEx
−$11.2K −$1.12/SF
NOI
$63.3K $6.33/SF
Area
Rockwall County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,120
Cap Rate 7%
$903,657
Cap Rate 9%
$702,844
Alternative Uses
Best Use
Warehouse
$903.7K
$790.7K – $1.05M
NOI $63,256 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$7.53M
$6.59M – $8.79M
NOI $527,250 @ 7.0% cap · market cap 23.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
136
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
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- Rockwall Mini Storage — 1760 I-30 Frontage Rd, Rockwall, TX 75087
- H & V Storage — 1820 I-30 Frontage Rd, Rockwall, TX 75087
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant masonry improvements support warehouse, assembly, fabrication, and light manufacturing uses.
Where is this warehouse located?
The property is located at 3285 Springer Ln Rockwall, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approximately 10,000 square feet of industrial space on 1.09 acres; Two‑building vacant property with masonry construction; 14'-18' clear height
