Of Lakeview Pkwy Rowlett, TX 75040
- Land
- 8.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Of Lakeview Pkwy
- Lot size
- 8.40 lot acres
- Property type
- Land
Description
This exceptional 8.4-acre commercial land parcel presents a compelling investment opportunity in Garland, Texas. Strategically located on Centerville Road, north of Lakeview Parkway (US Hwy 66), between Castle Drive and Lakeview Parkway in Northeast Garland, this property boasts 1,346 feet of prime road frontage. Currently zoned for retail use (SC), it offers significant development potential despite its current floodplain location. A 2007 engineering report indicates that only approximately 11% of the property falls within the floodway, suggesting a manageable reclamation project. The report, available upon request, details the feasibility of mitigating floodplain issues. The land is generally level, requiring an estimated 3.5 feet of fill in areas designated for construction. Priced aggressively at $922,500, this property represents a rare chance to acquire a substantial tract in a strong market, ideal for redevelopment and poised for significant return on investment. The Springfield JV holds ownership. The property's address is Centerville Road, Garland, TX 75040.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Dallas
- State
- Texas
- Longitude
- -96.597
- Latitude
- 32.9137
