2287 Fm 549 Rockwall, TX 75032
This exceptional 7.914-acre commercial land parcel presents a compelling investment opportunity in Rockwall, Texas. Located at 2287 FM 549, this property boasts a highly desirable location just two minutes south of Interstate Highway 30, offering convenient access to major transportation routes. Situated outside the Rockwall city limits, this expansive tract presents significant potential for various commercial ventures, including manufacturing or contracting businesses. The property includes a spacious home, adaptable for office conversion, and a metal building ideal for materials storage. A key advantage is the Texas Department of Transportation's approved plan to widen FM 549, with construction anticipated to commence in Spring 2025, promising increased visibility and accessibility. The asking price is $1,700,000. The property's APN is 000000012284. This is a motivated seller situation, making it an attractive proposition for discerning investors seeking a prime commercial development site in a rapidly growing area. The property's zoning and potential uses should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.