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Property profile & analytics
FOR LEASE
Commercial land

110 E Greenhill Ln Fate, TX 75087

1,234 SF 0.17 ac lot Built 1997
Individually Owned 8-yr Hold Free & Clear
Property ID
US82-3656561
Property summary
AI-generated overview

Fate Place, located at 110 E. Greenhill Ln., Fate, TX 75087, presents a prime retail investment opportunity in a vibrant mixed-use development in Downtown Fate, Rockwall County. This Class A property offers a total of 8,667 square feet of retail space within a single building. The space is available in flexible configurations, with a minimum divisible unit of 1,000 square feet and the potential to lease the entire 8,667 square feet contiguously. This makes it ideal for a variety of retail businesses, from smaller boutiques to larger flagship stores. The property's strategic location in the heart of Downtown Fate ensures high visibility and accessibility to a thriving community. The "Street Retail" designation suggests excellent pedestrian traffic and convenient access for customers. The property's classification as a multiple-tenancy building indicates the potential for a diverse and synergistic tenant mix. This presents an exceptional chance to establish a presence in a rapidly growing area of Texas. The property's address is 110 E. Greenhill Ln., Fate, TX 75087, and its precise coordinates are latitude 32.9420443 and longitude -96.3807428. Interested parties are encouraged to inquire about available space and lease terms.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1997
Total area 1,234 SF
Lot 0.17 ac (7,492 SF)
APN 3660-000I-016R-00-0R
UPID US82-3656561
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
Fate Municipal Dev District 1 · 8 yrs held
Fate Municipal Dev District 1
since 2017
5 recorded transactions
2017
Price N/A
2016
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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