66 & Ben Payne Rd Rockwall, TX 75087
This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Woodcreek community of Fate, Texas. Strategically located at the Northwest quadrant of Highway 66 and Ben Payne Road, this site offers unparalleled visibility and accessibility. The property is situated within a master-planned community boasting over 1,500 families and seven active home builders constructing homes priced between $200,000 and $500,000. With all but 200 lots already sold or committed to builders, Woodcreek demonstrates significant and sustained residential growth. This prime location offers easy access to the vibrant Harbor Rockwall Town Center and the recreational amenities of Lake Ray Hubbard, ensuring high traffic volume and a strong customer base. The property's proximity to a 7-Eleven on State Highway 66 further enhances its commercial viability. This is an ideal site for businesses seeking to capitalize on the burgeoning population and strong economic activity within this desirable Texas community. The property's 0.99-acre size provides ample space for a variety of commercial developments, making it a highly attractive investment for discerning buyers. The zip code is 75087.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.