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Property profile & analytics
OFF-MARKET
Land

0 Tbd Summer Lee Dr Rockwall, TX 75032

0.86 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .86-1.1 acre commercial land parcel in Rockwall, TX, presents a unique investment opportunity within the thriving Harbor District. Located in the City of Rockwall's PD-32 zoning, this property offers stunning views of Lake Ray Hubbard and the Dallas skyline. The site boasts easy access to I-30 and the George Bush Turnpike, providing convenient access to Downtown Dallas (approximately 30 minutes away). Surrounded by over 2700 new luxury residences and a destination lakefront hotel, this location is ideal for retail, restaurant, office, medical, hospitality, or mixed-use development. The property benefits from high traffic and an affluent demographic, with Rockwall County boasting an average net worth four times the national average. City utilities, sidewalks, and a public parking lot are readily available. The site allows for construction up to five stories high. This prime location in a highly-ranked, desirable area makes this a truly exceptional investment opportunity. Tax ID numbers 19954, 19955, 19956, and 19958 encompass the contiguous lots included in this tract. The asking price is $875,000. Detailed legal property descriptions are available upon request. Storm drainage is in place, and city utilities are accessible at the street.

Property profile
Verified
Property type Land
Lot 0.86 ac (37,462 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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