Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rockwall Commercial Property For Sale Title is generated by Realmo AI

    808 N Goliad Street, Rockwall, TX 75087

    View on Map
    Claim this Listing
    For Sale
    $398,000

    Commercial property for sale located on Goliad Street.

    Added:
    Mar 28, 2026
    Days on Market:
    70
    Last Refresh:
    Mar 29 at 1:34 am

    Property Features for 808 N Goliad Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Caprice Michelle
    Caprice Michelle

    Listing agent Caprice Michelle License #0602530

    Listing office Caprice Michelle, LLC

    Listing date Mar 28, 2026

    Source Evrealestate

    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 Caprice Michelle, LLC

    HighLights

    • Central air conditioning
    • Central heating
    • Natural gas heating
    • Electric cooling
    • Driveway parking
    • Built in 1950

    Overview

    The commercial property is located on N Goliad Street in Rockwall, Texas. Situated on the right side when exiting Hwy 30 to SH-205 or Goliad Street and passing the Square, the property is located in Rockwall County.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4598012
    Latitude
    32.9361315

    Nearby Similar for Sale

    • $1,400,000

      Office Complex with Barn and Car Wash

      A high-visibility site with office improvements and an on-site barn for flexible commercial uses.
      3435 State Highway 276, Rockwall, TX 75032
      View Details
    • $398,000

      Residential Office Zoned Property

      Residential office–zoned site with direct frontage on Goliad and high traffic exposure, offered as-is for land value.
      808 N Goliad Street, Rockwall, TX 75087
      View Details
    • $998,000

      Historic Medical Office Building

      Iconic restored property with ADA compliance, two elevators, and a flexible medical-to-office layout in a mixed-use setting.
      908 N Goliad Street, Rockwall, TX 75087
      View Details
    • $895,000

      Versatile Downtown Retail Building

      3,000-sq-ft building with dedicated parking and Downtown Development District zoning for retail, office, medical, or restaurant use.
      201 E Washington Street, Rockwall, TX 75087
      View Details
    • $650,000

      Flexible Office-Use Commercial Building

      High-visibility commercial building offers adaptable interior space and dual street access in a high-traffic corridor.
      915 N Goliad Street, Rockwall, TX 75087
      View Details
    • $1,500,000

      Commercial Land Opportunity

      Large acreage in McLendon Chisholm offers flexibility for an appropriate commercial development concept.
      771 S State Highway 205, McLendon Chisholm, TX 75032
      View Details
    • $485,000
      1,733 SF

      Turnkey Residential Investment Home

      Newly completed 3-bed, 2-bath home with proven short-term rental history and a transferable STR permit through 2028.
      824 E Heath ST, Rockwall, TX 75087
      View Details
    • $2,799,000

      Commercial Building with Development Zoning

      Enclosed building on a commercially zoned site with by-right flexibility for professional, medical, and retail uses.
      505 County Line Road, Rockwall, TX 75032
      View Details
    • $3,850,000

      Historic Church and Modern Office

      Unique commercial property in downtown Rockwall with endless possibilities.
      102 Fannin Street, Rockwall, TX 75087
      View Details
    • $1,302,095

      Prime Retail Land Opportunity

      Land for retail, restaurant, or medical development near hospital.
      Ranch Trail, Rockwall, TX
      View Details
    • $650,000
      2,398 SF

      Rockwall Commercial Building on Goliad

      Versatile commercial building on a high-traffic thoroughfare in Rockwall.
      915 N Goliad Street, Rockwall, TX 75087
      View Details
    • Contact for pricing
      162,642 SF

      Industrial Building with Outside Storage

      162,642 SF industrial building with paved outside storage.
      2020 Industrial Blvd, Rockwall, TX 75087
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property for sale located on Goliad Street.
    Where is this specialty property located?
    The property is located at 808 N Goliad Street Rockwall, TX.
    What is the asking price?
    The asking price for this property is $398,000.
    What are key features of this property?
    This property features: Central air conditioning; Central heating; Natural gas heating
    (214) 789-7364
    We can help!
    Listing Contact
    Caprice Michelle
    Caprice Michelle
    Real Estate License ID: 0602530
    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

    Thank You for Inquiry
    808 N Goliad Street, Rockwall, TX 75087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!