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    549 & Sh 205 Rockwall, TX 75032

    For Sale
    Contact for pricing

    Prime 16-acre retail site in Rockwall, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 16-acre commercial property, located at the intersection of FM 549 and SH 205 in Rockwall, Texas (zip code 75032), presents a unique investment opportunity. The site offers a combination of retail pad sites and multi-tenant building opportunities, perfectly positioned to capitalize on the significant growth experienced in this thriving suburb. Rockwall's proximity to Lake Ray Hubbard, a sprawling 20,000-acre lake, adds to its appeal and contributes to a high quality of life attracting residents and businesses alike. The property's strategic location is poised to benefit from the rapidly increasing residential density and future planned multifamily and retail developments in the area. This is an ideal location for retail and restaurant establishments seeking a high-visibility, high-traffic location within a dynamic and expanding community. The property's 16-acre size allows for significant flexibility in development plans, catering to a variety of retail concepts, from individual pad sites to larger multi-tenant buildings. Consider this prime retail anchor position for your next venture. The property is situated in Rockwall County, Texas, offering easy access to major transportation routes and a strong local economy.

    Property Features for 549 & Sh 205

    General Information

    Property type
    Residential income properties
    Lot Size
    696,960 SF

    HighLights

    • 16‑acre site ideal for development
    • Available retail and restaurant pad sites for lease
    • Multi‑tenant retail and restaurant buildings available
    • High‑visibility retail anchor space available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4241381
    Latitude
    32.8776302

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    FAQs

    What type of property is this?
    Residential income property - Prime 16-acre retail site in Rockwall, TX.
    Where is this residential income property located?
    The property is located at 549 & Sh 205 Rockwall, TX.
    What are key features of this property?
    This property features: 16-acre site ideal for development; Available retail and restaurant pad sites for lease; Multi-tenant retail and restaurant buildings available
    Request Owner's contact information
    549 & Sh 205 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
    549 & Sh 205 Rockwall, TX 75032
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