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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1251 State Highway 205 Rockwall, TX 75032

3,006 SF 1 ac lot Built 1890
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1251 S State Hwy 205 in Rockwall, Texas, presents a unique value-add investment opportunity. The 3,006 square foot building sits on a one-acre lot in the General Business District, boasting over 16,000 daily vehicle counts. Currently operating as a tea room with retail sales, this versatile space offers significant potential for various uses, subject to city approval. Built in 1890 and renovated in 2005, the property features two buildings, each one story, with ten parking spaces. The interior includes bright, open rooms, a kitchen, and two restrooms. The exterior showcases a large porch and mature landscaping. The property's location on a heavily traveled state highway, combined with planned four-lane highway expansion, ensures strong future growth potential. The property is zoned for general business use. Owner financing is available with 50% down. This is a rare chance to acquire a piece of Texas history with significant upside in a prime commercial location. The APN is 0133-0000-0047-00-0R. The lease is Absolute NNN with a single tenant currently at 100% occupancy, but the lease term has expired.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1890
Total area 3,006 SF
Lot 1 ac (43,560 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
Current use
Occupant on record · Public records
  • Chisholm Country Store & Cafe Cafe & Coffee Shop
  • Guapo Cigars (Bike/Boat/Book/etc) Store
  • Chisholm Custom Homes Construction Company General Contractor
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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