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Property profile & analytics
OFF-MARKET
Land

1212 Corporate Xing Rockwall, TX 75032

1.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.88-acre commercial land parcel, located at 1212 Corporate Crossing in Rockwall, Texas, presents a unique investment opportunity. Zoned Light Industrial/Commercial (PD-42), this property offers a diverse range of permitted uses, exceeding 40 options. The asking price is $635,370, translating to a land value of $7.76 per square foot. Its strategic corner location provides easy access to I-30 and SH 276, maximizing visibility and accessibility. The property benefits from its proximity to the thriving Rockwall Technology Park, home to over 2,900 employees across numerous manufacturers and technology companies. Ongoing expansion within the Technology Park, including a recently announced 240,000 square foot building for a major Canadian manufacturer with a retail component, ensures continued growth and increased traffic in the area. The property's location within the PD-42 zoning district, established over 15 years ago to guide commercial development, ensures compliance with enhanced building standards and landscaping requirements, contributing to a high-quality and aesthetically pleasing environment. Nearby businesses include retail, fast food, parts distribution, professional offices, and commercial contractors, creating a vibrant and diverse commercial landscape. This property is perfectly positioned to capitalize on the significant growth and development occurring in Rockwall, Texas. The zip code is 75032.

Property profile
Verified
Property type Land
Lot 1.88 ac (81,893 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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