Retail Suite with Utilities
For Sale
Contact for pricing
811 E Yellowjacket Lane #115, Rockwall, TX 75087
Ready-now retail space with electric, water, and trash removal included for streamlined operating costs.
Property Size22,080 SF
Price / SF$0.07
Days on Market105
Property Features for 811 E Yellowjacket Lane #115
General Information
Standard status
Active
Size
22,080 SF
Property subtype
Retail
Building Details
Year Built
1986
Listing Agency:
Seek Real Estate
(940) 230-7204
Listed By:
Jessica Anderson · License #0636687
(214) 543-8188
Source:
Lonestarluxuryrealty
Added: Jul 7
Changed: Oct 11
Last Checked: Oct 16 at 8:53AM
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 Seek Real Estate
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Investment Insights
Based on property information with market context.
This ready-now retail suite offers 500 square feet of enclosed space in Unit 115, presented for immediate occupancy. The offering includes electric, water, and trash removal, which can simplify day-to-day budgeting for a wide range of retail uses.
Located near the courthouse, with surrounding access to shopping, dining, and schools, the suite is positioned to serve neighborhood retail demand in Rockwall, TX. The property’s proximity to multiple everyday destinations can be helpful for tenants seeking consistent local foot traffic.
For tenants or owners looking for a smaller, utility-included retail footprint, this unit provides a straightforward setup to get started without additional utility coordination. The included services support a more streamlined operating model, while the compact size can be attractive for businesses that want a dedicated retail location without committing to a larger building footprint.
Located near the courthouse, with surrounding access to shopping, dining, and schools, the suite is positioned to serve neighborhood retail demand in Rockwall, TX. The property’s proximity to multiple everyday destinations can be helpful for tenants seeking consistent local foot traffic.
For tenants or owners looking for a smaller, utility-included retail footprint, this unit provides a straightforward setup to get started without additional utility coordination. The included services support a more streamlined operating model, while the compact size can be attractive for businesses that want a dedicated retail location without committing to a larger building footprint.
Key Highlights
- Ready‑now retail space (500 sq ft)
- Year built: 1986
- Located near the courthouse, shopping, dining, and schools
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$366,493
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,329,860
$7.3M
Cap Rate 7%
$5,235,614
$5.2M
Cap Rate 9%
$4,072,144
$4.1M
Market Conditions
NOI Build-Up for 22,080 SF
Gross rent
$551.1K $24.96/SF
− Vacancy
−$27.6K −$1.25/SF
EGI
$523.6K $23.71/SF
− OpEx
−$157.1K −$7.11/SF
NOI
$366.5K $16.60/SF
Area
Rockwall County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,329,860
Cap Rate 7%
$5,235,614
Cap Rate 9%
$4,072,144
Alternative Uses
Best Use
Retail
$5.24M
$4.58M – $6.11M
NOI $366,493 @ 7.0% cap · market cap 24,432.87%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$16.63M
$14.55M – $19.40M
NOI $1,164,168 @ 7.0% cap · market cap 77,611.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Explore this area
Business Placement
Demographics for 75087, TX
40,460
Population
15,103
Households
2.7
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
29.4 sq mi
ZIP Area
1,376
Density / Sq Mi
$128,590
Median Household Income
$61,467
Median Earnings
$1,727
Median Rent
$399,500
Median Home Value
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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?
Retail space - Ready-now retail space with electric, water, and trash removal included for streamlined operating costs.
Where is this retail space located?
The property is located at 811 E Yellowjacket Lane #115 Rockwall, TX.
What are key features of this property?
This property features: Ready‑now retail space (500 sq ft); Year built: 1986; Located near the courthouse, shopping, dining, and schools
