Standalone Office Building with
907 N Goliad Street, Rockwall, TX 75087
For Sale
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Standalone professional office with private rooms, client reception, secure access, and convenient proximity to Downtown Rockwall.
Property Size1,092 SF
Price / SF$0.03
Days on Market95
Property Features for 907 N Goliad Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Highway Access
Amenities
reception area
break area
kitchenette
restroom
hardwood flooring
natural light
handicap ramp
Building Details
Year Built
Buildings
Building Size
Listing Agency:
M&D CRE, LLC
(972) 772-6025
Listed By:
Megan Potter · License TX #0776928
Source:
Lonestarluxuryrealty
Added: Aug 8
Changed: Nov 2
Last Checked: Nov 10 at 8:45AM
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 M&D CRE, LLC
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Investment Insights
Based on property information with market context.
Located at 907 N. Goliad Street, this standalone office building offers 1,092 SF of commercial space with multiple private offices, a reception area, an updated restroom, and a break area. Hardwood floors, decorative lighting, built-in shelving, and abundant natural light contribute to the interior configuration. The property also includes three secured exterior entry points, with one at the front and two at the rear.
On-site parking totals nine spaces, including six shared spaces. A rear handicap ramp supports accessible entry, while Schlage keypad locks secure the exterior doors. Two interior offices have digital keypad access. The building was constructed in 1950 and is positioned near Downtown Rockwall, I-30, retail, restaurants, financial institutions, healthcare providers, and other professional services.
On-site parking totals nine spaces, including six shared spaces. A rear handicap ramp supports accessible entry, while Schlage keypad locks secure the exterior doors. Two interior offices have digital keypad access. The building was constructed in 1950 and is positioned near Downtown Rockwall, I-30, retail, restaurants, financial institutions, healthcare providers, and other professional services.
Key Highlights
- 1,092 SF standalone office building at 907 N. Goliad Street
- Multiple private offices with reception area and updated restroom
- Three secure exterior entrances: one front entry and two rear entries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,266
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,320
$365.3K
Cap Rate 7%
$260,943
$260.9K
Cap Rate 9%
$202,956
$203.0K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$33.5K $30.72/SF
− Vacancy
−$9.2K −$8.42/SF
EGI
$24.4K $22.30/SF
− OpEx
−$6.1K −$5.58/SF
NOI
$18.3K $16.73/SF
Area
Rockwall County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,320
Cap Rate 7%
$260,943
Cap Rate 9%
$202,956
Alternative Uses
Best Use
Office B
$260.9K
$228.3K – $304.4K
NOI $18,266 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.1K
$336.1K – $448.2K
NOI $26,889 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
822
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Standalone professional office with private rooms, client reception, secure access, and convenient proximity to Downtown Rockwall.
Where is this office building located?
The property is located at 907 N Goliad Street Rockwall, TX.
What are key features of this property?
This property features: 1,092 SF standalone office building at 907 N. Goliad Street; Multiple private offices with reception area and updated restroom; Three secure exterior entrances: one front entry and two rear entries
