Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    813 Holiday Rockwall, TX 75087

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Rockwall, TX: Prime Commercial Lots

    Property Features for 813 Holiday

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    We can help!

    Listing Contact
    Kimberly Woodul
    Kimberly Woodul

    Listing Agent: Kimberly Woodul

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial land offering presents two tracts totaling 2.1 to 5.2 acres with prominent Highway 66 frontage in Rockwall, Texas. Tract 1 encompasses approximately 2.1 acres, boasting 227 feet of direct highway visibility. Adjacent Tract 2 adds roughly 3.1 acres, situated north of the First Baptist Church of Fate building (the church itself is not included in the sale). This combined acreage provides a significant development opportunity in a rapidly expanding East Dallas submarket. The property is zoned for a variety of commercial uses, including multifamily, commercial services, places of assembly, schools, general retail, restaurants, offices, and highway commercial establishments. The Forward Fate Comprehensive Plan designates this land as "Supportive Commercial," ideally suited for retail, restaurant, office, and mixed-use developments. Its location outside the main entrance to Woodcreek, Fate's largest single-family residential development (over 4000 homes), ensures optimal traffic exposure. A survey is available, although a replat is required to create individual parcels
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.390077361119
    Latitude
    32.937672947731

    Nearby Similar for Sale

    • $895,000
      3,000 SF

      Rockwall Historic Town Square Building

      Prime Rockwall building suitable for retail, office, medical, or restaurant.
      201 E Washington St, Rockwall, TX 75087
      View Details
    • $625,000
      4.99 Acres

      Rockwall Warehouse on 5 Acres

      Shell complete, ready for customization on nearly 5 acres.
      1500 S Smith Rd, Rockwall, TX 75032
      View Details
    • $175,000
      0.13 Acres

      Commercial Property on State Highway

      Commercial property with excellent visibility, ideal for various business uses.
      1250 State Highway 205, Rockwall, TX 75032
      View Details
    • $650,000
      0.50 Acres

      Rockwall Commercial Building on Goliad

      Versatile commercial building on a high-traffic thoroughfare in Rockwall.
      915 N Goliad St, Rockwall, TX 75087
      View Details
    • $399,900
      0.11 Acres

      Rockwall Commercial Property with Charm

      Unique commercial property near downtown Rockwall with flexible spaces.
      302 W Rusk St, Rockwall, TX 75087
      View Details
    • $1,099,000
      0.41 Acres

      Rockwall Mixed-Use Commercial Building

      High-visibility mixed-use commercial building near Rockwall's historic square.
      501 S Goliad St, Rockwall, TX 75087
      View Details
    • $489,000
      1,733 SF

      Rockwall Turnkey Investment Opportunity

      Cozy 3-bedroom home with short-term rental history in Rockwall.
      824 E Heath St St, Rockwall, TX 75087
      View Details
    • $699,000
      2,400 SF

      Warehouse with Highway Visibility

      Warehouse space on a corner lot with highway visibility.
      2038 Sunny Cir, Rockwall, TX 75032
      View Details
    • Contact for pricing
      1,840 SF

      Renovated Office Space For Sale

      Renovated office space suitable for various professional services.
      1209 N Goliad St, Rockwall, TX 75087
      View Details
    • Contact for pricing
      7,768 SF

      Rockwall Medical Office For Sale

      7,768 SF medical office with established tenant in Rockwall.
      1501 Airport Rd, Rockwall, TX 75087
      View Details
    • Contact for pricing
      1,964 SF

      Restaurant Space on Historic Square

      Restaurant space for sale in Rockwall's historic square.
      112 N San Jacinto St, Rockwall, TX 75087
      View Details
    • Contact for pricing
      6,902 SF

      Rockwall Technology Park Adjacent Property

      Property near Rockwall Technology Park with expansion and major businesses.
      1275 Corporate Xing, Rockwall, TX 75032
      View Details

    FAQs

    What type of property is this?
    Land - Rockwall, TX: Prime Commercial Lots
    Where is this land located?
    The property is located at 813 Holiday Rockwall, TX.
    What are key features of this property?
    This property features: Forward Fate is a mixed-use development opportunity promoting sustainable, high-quality growth in downtown Fate.; Forward Fate's zoning allows for a diverse housing mix, with higher density near Highway 66 and pedestrian-friendly design incorporating parks.; The property is conveniently located near the entrance to Woodcreek, Fate's largest residential community (4000+ single-family homes).
    (214) 392-7303 Call to check price and availability
    Request Owner's contact information
    813 Holiday Rockwall, TX 75087
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    813 Holiday
    Rockwall, TX 75087
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    813 Holiday Rockwall, TX 75087
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kimberly Woodul
    Kimberly Woodul
    Real Estate License ID: 0737201
    (214) 392-7303
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!