Equipped Restaurant
For Sale
$1,700,000
Pending
3324 Lakeview Parkway, Rowlett, TX 75088
CommercialSale, Rowlett, TX
Property Size5,325 SF
Lot Size0.93 Acres
Days on Market93
Property Features for 3324 Lakeview Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General
Security features
Security
Subdivision
Boyd & Kneggs Business Park
Directions
USE GPS
Standard status
Pending
APN
0007000100100 3CW00070001
Lot size
0.93 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
1
Flooring type
Concrete, Tile
Building materials
Brick
Roof type
Composition, Shingle
Listing Agency:
Fathom Realty LLC
(888) 455-6040
Listed By:
Matthew Bryan · License #0662838
(972) 772-7000
Added: Jul 17
Changed: Oct 2
Last Checked: Oct 17 at 7:06PM
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 building in Rowlett includes a fully equipped commercial kitchen, bar, booth seating, table seating, and a separate area that can be sectioned off for private events. The sale includes the business name, fixtures, and décor. Kitchen infrastructure includes two walk-in freezers, one walk-in refrigerator, two commercial standing refrigerators, four fryers, commercial ovens, custom venting, and a 1500 gallon grease trap. The building was originally constructed as a Golden Corral and features brick construction, concrete and tile flooring, central heating, and central air conditioning.
Located on Lakeview Parkway, the property provides 67 parking spaces and public water and sewer service. Exterior improvements include updated fascia and paint. The building was constructed in 1985 and sits on a 0.93-acre lot.
Located on Lakeview Parkway, the property provides 67 parking spaces and public water and sewer service. Exterior improvements include updated fascia and paint. The building was constructed in 1985 and sits on a 0.93-acre lot.
Key Highlights
- 5,325‑square‑foot restaurant building on a 0.93‑acre lot
- 67 parking spaces with Lakeview Parkway frontage
- Commercial kitchen with 2 walk‑in freezers and 1 walk‑in refrigerator
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
Industrial
$394.3K
$345.1K – $460.1K
NOI $27,604 @ 7.0% cap · market cap 1.62%
Theoretical Best
Multifamily LT 5
$63.83M
$55.85M – $74.47M
NOI $4,468,024 @ 7.0% cap · market cap 262.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant with commercial kitchen infrastructure, dining areas, event space, and on-site parking.
Where is this conventional 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 building on a 0.93‑acre lot; 67 parking spaces with Lakeview Parkway frontage; Commercial kitchen with 2 walk‑in freezers and 1 walk‑in refrigerator
