0 Horizon Rd Rockwall, TX 75032
This exceptional 3.2-acre commercial land parcel, located at Horizon Rd in Rockwall, Texas (zip code 75032), presents a compelling investment opportunity within a flourishing medical district. Zoned PD, allowing for development up to ten stories, this property offers significant potential for high-density construction. All utilities are conveniently run to the site, ensuring seamless development. The entire 3.2-acre site is usable, maximizing buildable area and return on investment. Its strategic location along Horizon Rd provides excellent visibility and accessibility. The property benefits from its central location within a densely populated area, guaranteeing a strong potential customer base. Water retention is managed effectively via Rainbow Lake. This location within the thriving Rockwall healthcare district offers not only immediate development opportunities but also promises long-term stability and growth, given the consistent expansion of the medical sector. This is a rare chance to acquire a prime commercial land parcel in a high-demand area, poised for significant future appreciation. The property's characteristics make it ideal for a variety of medical-related developments, ensuring a strong and sustainable return on investment. This is a turnkey opportunity for developers seeking a strategic location in a rapidly growing market.
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.