Restaurant with Commercial
3324 Lakeview Parkway, Rowlett, TX 75088
For Sale
$1,700,000
CommercialSale, Rowlett, TX
Property Size5,325 SF
Lot Size0.93 Acres
Price / SF$319.25
Days on Market119
Property Features for 3324 Lakeview Parkway
General Information
Property type
Property subtype
Zoning description
Security features
Subdivision
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Esquire Realty LLC
Listed By:
Matthew Bryan · License TX #0662838
(469) 267-3120
Added: Jul 17
Changed: Nov 12
Last Checked: Nov 12 at 2:06PM
MLS# 21229138
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,325-square-foot restaurant at 3324 Lakeview Parkway in Rowlett includes booth, table, and bar seating, plus a separate area that can be closed off for gatherings. The kitchen is fitted with two walk-in freezers, one walk-in refrigerator, two commercial standing refrigerators, four fryers, commercial ovens, custom venting, and a 1,500-gallon grease trap. The building dates to 1985 and has a recently repainted exterior with new fascia.
The 0.94-acre site has 67 parking spaces. Public water and sewer serve the property. The existing restaurant operation serves breakfast and lunch, and the sale includes its business name, fixtures, and decor.
The 0.94-acre site has 67 parking spaces. Public water and sewer serve the property. The existing restaurant operation serves breakfast and lunch, and the sale includes its business name, fixtures, and decor.
Key Highlights
- 5,325‑square‑foot restaurant on 0.94 acres
- 67 on‑site parking spaces
- Kitchen includes 2 walk‑in freezers, 1 walk‑in refrigerator, and 2 commercial standing refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,198
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,903,960
$1.9M
Cap Rate 7%
$1,359,971
$1.4M
Cap Rate 9%
$1,057,756
$1.1M
Market Conditions
NOI Build-Up for 5,325 SF
Gross rent
$132.9K $24.96/SF
− Vacancy
−$6.0K −$1.12/SF
EGI
$126.9K $23.84/SF
− OpEx
−$31.7K −$5.96/SF
NOI
$95.2K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,903,960
Cap Rate 7%
$1,359,971
Cap Rate 9%
$1,057,756
Alternative Uses
Best Use
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,198 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,325 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
1,273
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75088, TX
26,899
Population
10,168
Households
2.6
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
2,892
Density / Sq Mi
$105,064
Median Household Income
$54,587
Median Earnings
$1,899
Median Rent
$326,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Restaurants in Dallas County, TX
Properties on Market for Restaurants in Dallas County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - Set up for breakfast and lunch service, the property includes guest seating and a space that can be partitioned for events.
Where is this restaurant located?
The property is located at 3324 Lakeview Parkway Rowlett, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,325‑square‑foot restaurant on 0.94 acres; 67 on‑site parking spaces; Kitchen includes 2 walk‑in freezers, 1 walk‑in refrigerator, and 2 commercial standing refrigerators
