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    141 State Highway 205 Rockwall, TX 75032

    For Sale
    Contact for pricing

    7 Acres, High Traffic, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7-acre commercial land parcel presents a unique investment opportunity in Rockwall, Texas. Ideally situated off State Highway 205 in the McLendon Chisholm area, this property boasts impressive daily traffic counts exceeding 20,000 vehicles, ensuring high visibility and accessibility. Its strategic location offers significant advantages for businesses seeking prime exposure. Adding to its appeal, the land is adjacent to property owned by Brookshire's Food & Pharmacy, creating potential synergies and collaborative opportunities. Furthermore, the property is surrounded by established residential communities, providing a built-in customer base and strong potential for future growth. The ample 7-acre size allows for diverse development possibilities, catering to a wide range of commercial ventures. This property's combination of size, location, high traffic volume, and proximity to a well-known retailer makes it an exceptional investment prospect in a thriving Texas community. The property is located at 141 State Hwy 205, Rockwall, TX 75032, in Rockwall County. This is a rare opportunity to acquire a significant commercial land holding in a high-demand area.

    Property Features for 141 State Highway 205

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre commercial land parcel in Rockwall, TX.
    • Prime location off State Highway 205 in McLendon Chisholm.
    • High daily traffic counts exceeding 20,000 vehicles.
    • Adjacent to Brookshire's Food & Pharmacy.
    • Surrounded by established residential communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Domino's Pizza Pizza Delivery

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Gym & Fitness Skin Care Clinic Kitchen & Bath Garden Center Electronics Store Wine and Liquor Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.38473000585
    Latitude
    32.848502385793

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    FAQs

    What type of property is this?
    Land - 7 Acres, High Traffic, Prime Location
    Where is this land located?
    The property is located at 141 State Highway 205 Rockwall, TX.
    What are key features of this property?
    This property features: 7-acre commercial land parcel in Rockwall, TX.; Prime location off State Highway 205 in McLendon Chisholm.; High daily traffic counts exceeding 20,000 vehicles.
    (469) 583-5976
    Request Owner's contact information
    141 State Highway 205 Rockwall, TX 75032
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    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
    141 State Highway 205 Rockwall, TX 75032
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