0 Tbd Summer Lee Dr Rockwall, TX 75032
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.