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    1212 Corporate Xing Rockwall, TX 75032

    For Sale
    $635,370

    Prime 1.88-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.88-acre commercial land parcel, located at 1212 Corporate Crossing in Rockwall, Texas, presents a unique investment opportunity. Zoned Light Industrial/Commercial (PD-42), this property offers a diverse range of permitted uses, exceeding 40 options. The asking price is $635,370, translating to a land value of $7.76 per square foot. Its strategic corner location provides easy access to I-30 and SH 276, maximizing visibility and accessibility. The property benefits from its proximity to the thriving Rockwall Technology Park, home to over 2,900 employees across numerous manufacturers and technology companies. Ongoing expansion within the Technology Park, including a recently announced 240,000 square foot building for a major Canadian manufacturer with a retail component, ensures continued growth and increased traffic in the area. The property's location within the PD-42 zoning district, established over 15 years ago to guide commercial development, ensures compliance with enhanced building standards and landscaping requirements, contributing to a high-quality and aesthetically pleasing environment. Nearby businesses include retail, fast food, parts distribution, professional offices, and commercial contractors, creating a vibrant and diverse commercial landscape. This property is perfectly positioned to capitalize on the significant growth and development occurring in Rockwall, Texas. The zip code is 75032.

    Property Features for 1212 Corporate Xing

    General Information

    Property type
    Land
    Lot Size
    81,893 SF

    HighLights

    • 1.88‑acre commercial land parcel in Rockwall, TX, priced at $635,370 ($7.76/SF).
    • Located at 1212 Corporate Crossing, offering excellent visibility and access to I‑30 and SH 276.
    • Zoned PD‑42, allowing for over 40 permitted commercial uses.
    • Situated near Rockwall Technology Park, benefiting from its ongoing expansion and over 2,900 employees.
    • Compliant with enhanced building standards and landscaping requirements established by the PD‑42 zoning district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.418191132587
    Latitude
    32.908416884759

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    FAQs

    What type of property is this?
    Land - Prime 1.88-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at 1212 Corporate Xing Rockwall, TX.
    What is the asking price?
    The asking price for this property is $635,370.
    What are key features of this property?
    This property features: 1.88-acre commercial land parcel in Rockwall, TX, priced at $635,370 ($7.76/SF).; Located at 1212 Corporate Crossing, offering excellent visibility and access to I-30 and SH 276.; Zoned PD-42, allowing for over 40 permitted commercial uses.
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    Realmo Value Estimation

    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.

    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.

    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
    1212 Corporate Xing Rockwall, TX 75032
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