& FM 1141 Sec John King Blvd Rockwall, TX 75087
- Land
- 16.00 lot acres
Current Use by Public Records
- Land
Property Details for & FM 1141 Sec John King Blvd
- Lot size
- 16.00 lot acres
- Property type
- Land
Description
This exceptional 16-acre tract in Rockwall, Texas, presents a unique mixed-use development opportunity. Situated at the signalized southeast corner of John King Boulevard and FM 1141, this nearly square parcel boasts a desirable location within the Rockwall Independent School District. The property is conveniently located near upscale single-family residential additions, with homes priced from $600,000, indicating strong surrounding demand. John King Boulevard, a four-lane thoroughfare slated for future expansion to six lanes, provides excellent visibility and accessibility. The property's zoning is currently Agricultural (AG) with commercial potential, and the city is receptive to neighborhood commercial development along John King Boulevard, with possibilities for a commercial campus or townhomes at the rear. While approximately three acres in the rear are subject to flooding, the majority of the land is gently sloping. City water and sewer services are readily available. An additional acre of excess right-of-way owned by the city offers potential for expansion. The property is bordered by the Ladera Addition to the south and the Terraces Addition to the east. No unusual easements are present. This is a rare opportunity to acquire a significant commercial development site in a rapidly growing area. The asking price is $4,100,000, with a land value of $5.88 per square foot. This offering includes a detailed brochure with maps available for download.
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
- -96.4423
- Latitude
- 32.943
