549 & Sh 205 Rockwall, TX 75032
This exceptional 16-acre commercial property, located at the intersection of FM 549 and SH 205 in Rockwall, Texas (zip code 75032), presents a unique investment opportunity. The site offers a combination of retail pad sites and multi-tenant building opportunities, perfectly positioned to capitalize on the significant growth experienced in this thriving suburb. Rockwall's proximity to Lake Ray Hubbard, a sprawling 20,000-acre lake, adds to its appeal and contributes to a high quality of life attracting residents and businesses alike. The property's strategic location is poised to benefit from the rapidly increasing residential density and future planned multifamily and retail developments in the area. This is an ideal location for retail and restaurant establishments seeking a high-visibility, high-traffic location within a dynamic and expanding community. The property's 16-acre size allows for significant flexibility in development plans, catering to a variety of retail concepts, from individual pad sites to larger multi-tenant buildings. Consider this prime retail anchor position for your next venture. The property is situated in Rockwall County, Texas, offering easy access to major transportation routes and a strong local economy.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.