Neighborhood Commercial
For Sale
$1,350,000
FM 551, Fate, TX 75132
CommercialSale, Fate, TX
Property SizeContact for details
Lot Size6.98 Acres
Days on Market100
Property Features for FM 551
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Neighborhood Commercial
Subdivision
Chamberlain Crossing
Lot features
Acreage
Directions
Please follow GPS
Standard status
Active
APN
000000026939
Lot size
6.98 Acres
Taxes and HOA fees
Tax Description
A0159 J B MERCHANT, TRACT 7-3, ACRES 6.983
Legal Description
A0159 J B MERCHANT, TRACT 7-3, ACRES 6.983
Listing Agency:
KARE Investment Sales & Leasing
Listed By:
Karan Aulakh , CCIM
(469) 471-6413
Added: May 28
Changed: Aug 21
Last Checked: Sep 4 at 5:06PM
MLS# 21187862
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property comprises 6.983 acres of level commercial land in Fate, Texas. Neighborhood Commercial zoning is in place, and the tract is identified for potential retail, office, medical, service-based, and mixed-use commercial applications.
The site is located along FM 551 within Rockwall County, with access to I-30 and FM 551. Surrounding residential growth provides the broader development context for this commercial land offering.
The site is located along FM 551 within Rockwall County, with access to I-30 and FM 551. Surrounding residential growth provides the broader development context for this commercial land offering.
Key Highlights
- 6.983 acres of commercial land
- Neighborhood Commercial zoning
- Level site configuration
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 75132, TX
135
Population
27
Households
5
Avg Household Size
35
Median Age
0.1 sq mi
ZIP Area
1,350
Density / Sq Mi
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial land with Neighborhood Commercial zoning and access to I-30 and FM 551.
Where is this commercial land located?
The property is located at FM 551 Fate, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 6.983 acres of commercial land; Neighborhood Commercial zoning; Level site configuration
