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Property profile & analytics
OFF-MARKET
Office Spaces

1 John King Blvd Rockwall, TX 75032

17.37 ac lot Built 2020
Property ID
Property summary
AI-generated overview

This exceptional 17.37-acre commercial land parcel presents a unique investment opportunity in the thriving Rockwall, TX market. Located at 1 John King Boulevard, this property is zoned PD-74, allowing for a diverse range of retail and commercial developments. The site is strategically positioned adjacent to the Breezy Hill master-planned community, a 730-lot development, ensuring high visibility and potential customer traffic. Existing infrastructure includes a 16-inch water line running along John King Boulevard and FM 552, and an 8-inch sewer connection on John King Boulevard, installed during Phase 10 Storm. While detention may be required, connection to the existing storm system on John King Boulevard is readily available. The property boasts a desirable topography, sloping gently towards the intersection of John King Boulevard and FM 552, offering excellent site planning possibilities. Furthermore, the property is not located within a floodplain, minimizing development risks. The site can be purchased in its entirety or subdivided into smaller pad sites to accommodate various development needs. Proposed improvements to FM 552 and the intersection of FM 552 and John King Boulevard promise further enhancement of the area's accessibility and appeal. Multiple architectural concept plans are available upon request, providing a head start for potential developers. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a rapidly growing area.

Property profile
Verified
Property type Office Spaces
Year built 2020
Lot 17.37 ac (756,637 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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