1011 Goliad St Rockwall, TX 75087-4309
This exceptional commercial land parcel, totaling 15,159 square feet, presents a remarkable investment opportunity in the thriving heart of Rockwall County. Strategically located on busy Highway 205 (Goliad Drive) at the intersection of Ridge Road, this property boasts over 100 feet of frontage on Goliad Street. Its prominent location ensures high visibility and accessibility for any commercial venture. The zoning permits drive-thru facilities by right, further enhancing its potential. The property is situated within the Highway 205 Overlay District, offering additional development advantages. Benefiting from excellent access, the lot features cross-access from Sam Houston Street to the south and across the Ace Hardware parking lot to the north. This prime location is surrounded by established businesses, including Ace Hardware, Sonic, and Main Street Consignment, creating a vibrant and desirable commercial environment. The single-tenant zoning provides flexibility for a variety of commercial uses. This is an exceptional opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Don't miss this chance to establish your business in a prime Rockwall County location.
(C) Area Requirements . All development within a Neighborhood Services (NS) District shall conform to Subsection 04.01, General Commercial District Standards , and the related standards listed within Subsection 07.03, Non-Residential District Development Standards. SUBSECTION 04.04: GENERAL RETAIL (GR) DISTRICT (A) Purpose. The General Retail (GR) District i…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C · Rockwall, TX(C) Area Requirements . All development within a Neighborhood Services (NS) District shall conform to Subsection 04.01, General Commercial District Standards , and the related standards listed within Subsection 07.03, Non-Residential District Development Standards. SUBSECTION 04.04: GENERAL RETAIL (GR) DISTRICT (A) Purpose. The General Retail (GR) District is a zoning district intended to provide limited retail and service uses for one (1) or more neighborhoods. The land uses specified in this district include most types of retail and office activity, and are typically located on/at the intersections of major thoroughfares. This district does not include strip commercial/retail centers, large shopping centers, wholesaling operations, lumberyards, contractor yards, a nd/or warehouses with high volumes of commercial truck traffic. The General Retail (GR) District is not a major commercial/retail district, and should try to avoid intensive commercial land uses that carry large volumes of retail traffic. The noise, traffi c, litter, late night hours, and other influences that could be harmful to residential areas require adequate buffering and screening from residential areas. Traffic from land uses in this district should not pass through residential areas, except on arte rial or major collectors. There are restrictions on access to prevent traffic congestion or an adverse effect on major thoroughfares adjacent to residential areas. Areas should not be zoned General Retail (GR) District unless they are CITY OF ROCKWALL | UNIFIED DEVELOPMENT CODE
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
