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Property profile & analytics
OFF-MARKET
Land

1 John King Blvd Rockwall, TX 75032

17.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 17.37-acre commercial land parcel presents a unique investment opportunity in Rockwall, Texas, located at 1 John King Blvd, zip code 75032. Zoned Pd-74, this property allows for a diverse range of retail and commercial developments. The site is available for sale in its entirety or can be subdivided into smaller pad sites, catering to various development needs. Utilities are readily available, ensuring seamless construction and operation. The property boasts a strategic location adjacent to the Breezy Hill Master Planned Community, a thriving residential area with 730 lots, providing a built-in customer base. Significant infrastructure improvements are planned for FM 552 and its intersection with John King Boulevard, further enhancing the property's value and accessibility. Existing infrastructure includes a 16-inch water line along John King Blvd and FM 552, and an 8-inch sewer connection on John King Blvd (installed with Phase 10 Storm). While detention may be required, connection to the storm system on John King Blvd is readily available. Importantly, the property is not located within a floodplain. The topography slopes gently towards the intersection of John King and FM 552, offering excellent site design flexibility. Multiple architectural concept plans are available upon request, providing a head start for potential developers. The asking price is $7,566,372. This property offers substantial potential for significant return on investment.

Property profile
Verified
Property type Land
Lot 17.37 ac (756,637 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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