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    1901 Lakeview Pkwy Rowlett, TX 75088

    Sponsored
    For Sale
    $2,500,000

    Prime Commercial Land, Hwy 66

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 7.77-acre commercial land parcel is situated on Lakeview Parkway (US Hwy 66) and Dexham Road in Rowlett, Texas. Part of a larger tract, this gently sloped property boasts 680 feet of frontage on the six-lane, divided Lakeview Parkway, offering excellent visibility and accessibility. Zoned PD C-2, it's ideal for a variety of heavy commercial uses and allows for subdivision into pad sites. The location benefits from its proximity to the Home Depot Center and a high traffic count (39,994 vehicles daily in 2019, per NTCOG). The intersection with Dexham Road features signaled turning lanes, further enhancing accessibility. All utilities are available on-site. This competitively priced land presents a unique opportunity for immediate development in a thriving area. The property's address is 1901 Lakeview Pkwy, Rowlett, TX 75088, and is located in Dallas County. The asking price is $2,500,000. Ownership is held by Springfield JV.

    Property Features for 1901 Lakeview Pkwy

    General Information

    Property type
    Land
    Lot Size
    338,461 SF

    HighLights

    • Ready for immediate development.
    • PD C‑2 zoning.
    • Utilities available on‑site.
    • Competitively priced.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.587007
    Latitude
    32.909819

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 66
    Where is this land located?
    The property is located at 1901 Lakeview Pkwy Rowlett, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Ready for immediate development.; PD C-2 zoning.; Utilities available on-site.
    Request Owner's contact information
    1901 Lakeview Pkwy Rowlett, TX 75088
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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
    1901 Lakeview Pkwy Rowlett, TX 75088
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