Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6921 Miller Road Rowlett Rowlett, TX 75088

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,853,000

    Commercial land suitable for office or retail development near Lake Hubbard.

    Type:Land
    Property size:
    174 SF
    Added:
    Sep 10, 2025
    Days on Market:
    208
    Last Refresh:
    Apr 1 at 8:55 pm

    Property Features for 6921 Miller Road Rowlett

    General Information

    Standard status
    Active
    Size
    174 SF
    Property subtype
    Land

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Dan Robertson

    Listing agent Dan Robertson License #347196

    Listing office

    Listing date Sep 10, 2025

    Source Cbcworldwide

    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 Dan Robertson

    Overview

    Commercial Land Near Lake Hubbard

    This commercial land is located near Lake Ray Hubbard, with convenient access to President George Bush Turnpike (PGBT), Highway 66, and Interstate 30, all within 5 to 10 minutes. The property features over 400 feet of frontage on Miller Road and is zoned C-1 Commercial, making it suitable for a variety of uses and site designs. Potential development options include a retail plaza, office suites, or specialized services catering to community needs. The property offers the location, flexibility, and infrastructure needed to bring your vision to life. Additional information may be available. Possible lake access is located at the northwest property line. The property size is 174 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Skin Care Clinic Department Store Kitchen & Bath Showroom HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.5352
    Latitude
    32.8923

    Nearby Similar for Sale

    • $799,000

      Versatile Property on Lakeview Parkway

      Mixed-use property with residential comfort and commercial potential in Rowlett.
      7213 Lakeview Parkway, Rowlett, TX 75088
      View Details
    • $1,999,900

      Rowlett Restaurant Opportunity on Lakeview

      Thriving restaurant on Lakeview Parkway with fully equipped kitchen.
      3324 Lakeview Parkway, Rowlett, TX 75088
      View Details
    • $698,000

      Rowlett Land on Lakeview Parkway

      High-traffic land in Rowlett, commercial zoning preferred.
      8130 Lakeview Parkway, Rowlett, TX 75088
      View Details
    • $1,250,000

      Rowlett Office & Warehouse Building

      Versatile office and warehouse space in the heart of Rowlett.
      3906 Industrial Street, Rowlett, TX 75088
      View Details
    • $800,000

      Rowlett Land with Tollway Frontage

      Hard corner lot in developing suburban market with utilities access.
      5901 President George Bush Highway, Rowlett, TX 75089
      View Details
    • $485,000

      Rowlett Duplex: Income-Producing Investment

      Fully leased duplex near Lakeview District and Sapphire Bay development.
      7506 Amherst Drive, Rowlett, TX 75088
      View Details
    • $1,800,000

      Prime Retail Shell Space Available

      8,100 SF retail shell in a well-located Rowlett shopping center.
      8617 Sunset Boulevard, Rowlett, TX 75088
      View Details
    • $415,000

      Rowlett Land with Corner Frontage

      0.71 acre lot with corner frontage near Bush and 66.
      5310 Lakeview Parkway, Rowlett, TX 75088
      View Details
    • $400,000

      Prime 2.16-Acre Commercial Land Parcel

      Highly visible Rowlett, Texas land parcel with mixed-use development potential.
      8701 Liberty Grove Road, Rowlett, TX 75089
      View Details
    • $599,900

      Rowlett Land with Development Potential

      1.494-acre property with residential zoning and commercial rezoning potential.
      5808 President George Bush Highway, Rowlett, TX 75089
      View Details
    • $799,000

      Undeveloped Land in Rowlett, Texas

      1.8-acre tract zoned C1, ideal for multi-tenant retail.
      2345 Fuqua Road, Rowlett, TX 75088
      View Details
    • $3,250,000

      Former School Buildings in Rowlett

      Two renovated school buildings totaling 22,151 SF on 4.01 acres.
      8200 Schrade Road, Rowlett, TX 75088
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land suitable for office or retail development near Lake Hubbard.
    Where is this commercial land located?
    The property is located at 6921 Miller Road Rowlett Rowlett, TX.
    What is the asking price?
    The asking price for this property is $1,853,000.
    What are key features of this property?
    This property features: Prime location near Lake Ray Hubbard with easy access to PGBT, Hwy 66, and I‑30.; C‑1 Commercial zoning allows for a variety of uses and site designs.; Over 400 feet of frontage on Miller Rd.
    (214) 534-9215
    We can help!
    Listing Contact
    Dan Robertson
    Real Estate License ID: 347196
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!