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Property profile & analytics
OFF-MARKET
Land

4827 Rockwall Tx. Rockwall, TX 75032

19.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.76-acre property in Rockwall, Texas, presents a compelling investment opportunity. Located at 4827 Texas 276, Rockwall, TX 75032, this land is currently zoned for Agricultural use (AG), but the City of Rockwall's Future Land Use Plan designates it for Technology or Light Industrial development. Detailed information is available in the provided City of Rockwall Future Land Use map and Complete Information Flyer. The site boasts existing improvements including a 2,401 square foot (main area) / 2,823 square foot (gross building area) residence, a 3,696 square foot storage barn, and a 625 square foot detached garage. Two septic tanks are on the property, and water and electricity are readily available. The property's strategic location along State Highway 276, a planned 4-lane (eventually 6-lane) highway, offers significant long-term growth potential. Highway expansion is underway in sections east of this site, further enhancing its value and accessibility. The asking price is $1,395,000, translating to $1.62 per square foot of land. This property is ideal for developers seeking a prime location for future commercial or industrial projects in a rapidly growing area. Don't miss this chance to acquire a substantial parcel with significant upside potential.

Property profile
Verified
Property type Land
Lot 19.76 ac (860,746 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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