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    Frk Rd Rockwall, TX 75087

    Sponsored
    For Sale
    $600,000

    Prime Rockwall location, high traffic, retail zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.76-acre commercial land parcel presents a unique investment opportunity in the thriving city of Rockwall, Texas. Situated on a major thoroughfare, this property boasts impressive daily traffic counts averaging 21,732 vehicles. Its strategic location offers unparalleled visibility and accessibility, placing it within minutes of Historic Downtown Rockwall, a vibrant area known for its numerous annual events that draw significant foot traffic and contribute to the area's bustling atmosphere. The property is zoned for Neighborhood Service/Retail uses, providing flexibility for a variety of commercial developments. The land's size, combined with its prime location and high traffic volume, makes it an ideal site for businesses seeking strong exposure and a dense customer base. With a total asking price of $600,000, this represents a land value of $217,391.30 per acre. The property's address is E Fork Rd, Rockwall, TX 75087, in Rockwall County. This is a rare opportunity to acquire a significant commercial property in a rapidly growing area with excellent potential for substantial return on investment. Don't miss this chance to secure a piece of Rockwall's thriving commercial landscape.

    Property Features for 0 Frk Rd

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • 2.76‑acre commercial land parcel in Rockwall, TX, on a major thoroughfare with 21,732 VPD.
    • Minutes from Historic Downtown Rockwall.
    • Neighborhood Service/Retail zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.461085416319
    Latitude
    32.940817960398

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    FAQs

    What type of property is this?
    Land - Prime Rockwall location, high traffic, retail zoning.
    Where is this land located?
    The property is located at Frk Rd Rockwall, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 2.76-acre commercial land parcel in Rockwall, TX, on a major thoroughfare with 21,732 VPD.; Minutes from Historic Downtown Rockwall.; Neighborhood Service/Retail zoning.
    (214) 801-7787
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    Frk Rd Rockwall, TX 75087
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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
    Frk Rd Rockwall, TX 75087
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