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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1251 State Highway 205 Rockwall, TX 75032

3,006 SF 1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1251 S State Highway 205 in McLendon-Chisholm, Texas, presents a unique investment opportunity. Situated on a one-acre lot, this 3,006 square foot building boasts a charming, historic character, having served as a church in the late 1800s and early 1900s. Currently operating as a tea room with retail sales, the property offers versatile space adaptable to various uses, subject to McLendon-Chisholm city approvals. Features include bright, open rooms, a kitchen, two restrooms, and several potential office areas. The property also features a large scenic porch, mature trees, and a small parking lot. The location benefits from high traffic counts exceeding 16,000 vehicles daily on State Highway 205, a major thoroughfare connecting Terrell and Rockwall. The property is zoned as a General Business District and future road development plans include widening the highway to four lanes. The spacious backyard provides ample outdoor space. Owner financing is available with 50% down. This property offers a blend of history, functionality, and high visibility, making it an attractive investment in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,006 SF
Lot 1 ac (43,560 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
Current use
Occupant on record · Public records
  • Chisholm Country Store & Cafe Cafe & Coffee Shop
  • Guapo Cigars (Bike/Boat/Book/etc) Store
  • Chisholm Custom Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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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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