Furnished Office
For Sale
Contact for pricing
935 W Ralph Hall Parkway #101, Rockwall, TX 75032
Existing desks, computers, and office furnishings support a ready-to-use professional workspace.
Property Size1,068 SF
Price / SF$3.28
Days on Market59
Property Features for 935 W Ralph Hall Parkway #101
General Information
Standard status
Active
Size
1,068 SF
Property subtype
Office
Additional Details
Furnished
Yes
Building Details
Year Built
2005
Listing Agency:
Lonestar Luxury Realty
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 23
Changed: Oct 11
Last Checked: Oct 19 at 9:10AM
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 Lonestar Luxury Realty
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Investment Insights
Based on property information with market context.
Suite 101 at 935 W Ralph Hall Parkway is an office unit with desks, computers, and office furnishings already in place. The existing setup provides a practical foundation for businesses seeking an established professional workspace rather than an empty suite.
The property was built in 2005 and is identified as an office unit. Potential applications stated for the space include law, real estate, mortgage, title, financial, accounting, technology, consulting, and other professional-service businesses.
The property was built in 2005 and is identified as an office unit. Potential applications stated for the space include law, real estate, mortgage, title, financial, accounting, technology, consulting, and other professional-service businesses.
Key Highlights
- Suite 101 at 935 W Ralph Hall Parkway, Rockwall, TX 75032
- Desks, computers, and office furnishings included
- Office unit identified as PropertySize 1068
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,864
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,280
$357.3K
Cap Rate 7%
$255,200
$255.2K
Cap Rate 9%
$198,489
$198.5K
Market Conditions
NOI Build-Up for 1,068 SF
Gross rent
$32.8K $30.72/SF
− Vacancy
−$9.0K −$8.42/SF
EGI
$23.8K $22.30/SF
− OpEx
−$6.0K −$5.58/SF
NOI
$17.9K $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%
$357,280
Cap Rate 7%
$255,200
Cap Rate 9%
$198,489
Alternative Uses
Best Use
Office B
$255.2K
$223.3K – $297.7K
NOI $17,864 @ 7.0% cap · market cap 510.40%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$804.4K
$703.9K – $938.5K
NOI $56,310 @ 7.0% cap · market cap 1,608.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,840
Businesses Nearby
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Check the figures for this property
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 unit - Existing desks, computers, and office furnishings support a ready-to-use professional workspace.
Where is this office unit located?
The property is located at 935 W Ralph Hall Parkway #101 Rockwall, TX.
What are key features of this property?
This property features: Suite 101 at 935 W Ralph Hall Parkway, Rockwall, TX 75032; Desks, computers, and office furnishings included; Office unit identified as PropertySize 1068
