State Highway 205 Rockwall, TX 75087
- Commercial real estate
- 16.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for State Highway 205
- Lot size
- 16.23 lot acres
- Property type
- Commercial real estate
Description
This exceptional 16.23-acre tract presents a remarkable investment opportunity in the rapidly growing city of Rockwall, Texas. Strategically positioned on the hard corner of State Highway 205 and FM 549, this property boasts exceptional visibility and accessibility, with over 20,415 vehicles passing daily (VPD). Currently zoned for retail use, the site benefits from its adjacency to newly constructed 7-Eleven and McDonald's locations, and anticipates further retail development in the near future. The property is fully serviced with city water, city sewer, and electricity, simplifying development plans. Six pad sites have already been platted, ranging in size from 0.84 acres to 4.08 acres, offering flexibility for various retail concepts. Alternatively, the entire 16.23 acres can be acquired. The site includes common area storm water detention and internal access roads. Further enhancing its value, the Texas Department of Transportation is currently undertaking a project to widen SH-205 and extend FM 549 adjacent to the property's northern boundary (estimated completion 2025). This infrastructure improvement will significantly increase accessibility and visibility. The City of Rockwall's recent announcement of over 870 new homes planned for the 205-549 area further underscores the strong potential for future growth and increased consumer traffic in this prime retail location. This property is ideally suited for major retailers seeking a high-impact location within a thriving community.
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
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.4603
- Latitude
- 32.931
