Medical Office Building with Exam
7617 Lakeview Parkway Rowlett, TX 75088
7617 Lakeview Parkway, Rowlett, TX, 75088
$925,000
For Sale
$925,000
SINGLE_FAMILY - Rowlett, TX
Property Size3,910 SF
Lot Size1.01 Acres
Price / SF$236.57
Days on Market236
Property Features for 7617 Lakeview Parkway
General Information
- Property type
- Residential
- Property subtype
- Office
- Security features
- Security
- Standard status
- Active
- APN
- 440030000A0010000
- Lot size
- 1.01 Acres
Taxes and HOA fees
- Tax Description
- JOHNSON MEDICAL OFFICE BLK A LOT 1 ACS 1.0096
- Tax Annual Amount
- 14836
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Zoned
- Cooling system
- Ceiling Fan(s), Electric, Zoned, Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Roof type
- Composition
Listing Agency
RLR Homes, LLC
(214) 288-9184
Dallas, TX
Listed by
Chance Johnson · License #523160
(214) 288-9184
Added: Nov 24, 2025 Checked: Jul 18 at 3:06 am
MLS# 20830556
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.
Investment Insights
Based on property information with market context.
Turn-key, move-in ready stand-alone medical office building offering a second-generation layout in excellent condition. The interior provides seven exam rooms, including an x-ray room, plus five admin offices, three restrooms, and a break room. The property also includes monument signage.
The building is located along Lakeview Parkway (State Highway 66), described as a high-density, heavily trafficked thoroughfare. It is approximately 1.4 miles from Baylor Scott & White Medical Center (Lake Pointe) Hospital and about 7.3 miles from Texas Health Presbyterian Hospital Rockwall.
The listed leasable area is 3,910 SF, and the building is offered as a stand-alone office facility suitable for medical, dental, vet, and spa/wellness uses as described in the remarks.
The building is located along Lakeview Parkway (State Highway 66), described as a high-density, heavily trafficked thoroughfare. It is approximately 1.4 miles from Baylor Scott & White Medical Center (Lake Pointe) Hospital and about 7.3 miles from Texas Health Presbyterian Hospital Rockwall.
The listed leasable area is 3,910 SF, and the building is offered as a stand-alone office facility suitable for medical, dental, vet, and spa/wellness uses as described in the remarks.
Key Highlights
- 3,910 SF stand‑alone medical office building built in 1988 with monument signage
- Medical layout includes 7 exam rooms, an x‑ray room, and 5 admin offices
- 3 restrooms plus a break room
Local Financial Insights For Healthcare Medical
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 | $101.8k | $26.04 |
| − Vacancy | −$9.2k | −$2.34 |
| EGI | $92.7k | $23.70 |
| − OpEx | −$37.1k | −$9.48 |
| NOI | $55.6k | $14.22 |
3,910 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$794.2K
$694.9K – $926.5K
NOI $55,592 @ 7.0% cap · market cap 6.01%
Second Best
Office B
$791.8K
$692.8K – $923.7K
NOI $55,424 @ 7.0% cap · market cap 5.99%
Theoretical Best
Multifamily LT 5
$46.87M
$41.01M – $54.68M
NOI $3,280,746 @ 7.0% cap · market cap 354.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Weldon Johnson DO
Pediatrician
Heidi Pavone
Pediatrician
Leon Chen MD
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Dr. Kimberly Ann Clary, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
- Dr. Brian Huber, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
- Petco Vaccination Clinic — 8809 Lakeview Pkwy Ste 116, Rowlett, TX 75088
- Dr. Wendy Carter, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
- Dr. Kimberly Ann Downes, DVM — 9501 Lakeview Pkwy #122, Rowlett, TX 75088
FAQs
What type of property is this?
Medical Office Space - Move-in-ready stand-alone medical office featuring seven exam rooms, an x-ray room, and multiple private offices.
Where is this medical office space located?
The property is located at 7617 Lakeview Parkway Rowlett, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,910 SF stand‑alone medical office building built in 1988 with monument signage; Medical layout includes 7 exam rooms, an x‑ray room, and 5 admin offices; 3 restrooms plus a break room
