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    550 & Sh 205 Rockwall, TX 75032

    For Sale
    Contact for pricing

    3.85 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.85-acre commercial land parcel presents a remarkable investment opportunity in Rockwall, Texas. Ideally situated at the southeast intersection of State Highway 205 and FM 550, this property boasts unparalleled visibility and accessibility, with over 20,000 vehicles passing daily. Its prime location offers significant exposure and high potential for customer traffic. Adding to its appeal, the land is adjacent to property owned by Brookshire's Food & Pharmacy, creating synergistic possibilities. Furthermore, the property is surrounded by established, high-quality residential communities, providing a built-in customer base and enhancing its desirability. The address is TBD FM 550 & SH 205, McLendon Chisholm, TX 75032. This location offers a unique blend of high traffic volume, proximity to a major retailer, and a strong residential base, making it perfect for a variety of commercial ventures. The property's size and location provide ample space for development, catering to a wide range of commercial uses. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving Texas community. The property is zoned for commercial use (zoning information available upon request). This exceptional location offers significant potential for long-term growth and return on investment.

    Property Features for 550 & Sh 205

    General Information

    Property type
    Land
    Lot Size
    167,706 SF

    HighLights

    • High‑visibility corner lot at the southeast intersection of State Highway 205 and FM 550.
    • Daily traffic counts exceed 20,000 vehicles.
    • Adjacent to Brookshire's Food & Pharmacy land.
    • Surrounded by affluent residential neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.387104720123
    Latitude
    32.848213220659

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    FAQs

    What type of property is this?
    Land - 3.85 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 550 & Sh 205 Rockwall, TX.
    What are key features of this property?
    This property features: High-visibility corner lot at the southeast intersection of State Highway 205 and FM 550.; Daily traffic counts exceed 20,000 vehicles.; Adjacent to Brookshire's Food & Pharmacy land.
    (469) 583-5976
    Request Owner's contact information
    550 & Sh 205 Rockwall, TX 75032
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    Rockwall, TX 75032
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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
    550 & Sh 205 Rockwall, TX 75032
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