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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3701 Rowlett Rd Rowlett, TX 75088-8110

    • Specialty properties
    • 6,925 SF
    • 3.39 lot acres
    OFF-MARKET
    Value Estimations
    $440,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4865151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rest Haven Funeral Home - Rowlett / Funeral Home

    Property Details for 3701 Rowlett Rd

    Year built
    1998
    Construction
    FRAME
    Lot size
    3.39 lot acres
    Property size
    6,925 SF
    Zone code
    Z400
    Property type
    Specialty properties
    APN
    440167000A0010000
    APU
    440167000A0010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $400,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $477,000
      Market price range: $273k - $477k

    • Alternative Use

      Use
      Estimation
      CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
      $385,000
      Current use
      COMMERCIAL (GENERAL)
      $660,000
      Change: +72% Conversion: Difficult
      MEDICAL BUILDING
      $620,000
      Change: +62% Conversion: Difficult
      WAREHOUSE, STORAGE
      $405,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.5704
    Latitude
    32.8962
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,283
    $369,580
    $768,780
    $1,138,360
    -
    $369,580
    $768,780
    $1,138,360

    Comparable in this City

    • Value Estimation
      $580,000
      5,559 SF

      4426 Lakeview Pkwy

      VETERINARY, ANIMAL HOSPITAL • 5,559 SF
      4426 Lakeview Pkwy, Rowlett, TX 75088-4092
      View Details
    • Value Estimation
      $470,000
      8,100 SF

      3800 Rowlett Rd

      FUNERAL HOME • 8,100 SF
      3800 Rowlett Rd, Rowlett, TX 75088
      View Details
    • Value Estimation by Request
      3,214 SF

      1718 Benedict Ct

      Specialty properties • 3,214 SF
      1718 Benedict Ct, Rowlett, TX 75088
      View Details
    • Value Estimation
      $450,000
      3,778 SF

      5100 Lakeview Pkwy

      VETERINARY, ANIMAL HOSPITAL • 3,778 SF
      5100 Lakeview Pkwy, Rowlett, TX 75088-4115
      View Details
    • Value Estimation
      $310,000
      3,368 SF

      4500 Lakeview Pkwy

      VETERINARY, ANIMAL HOSPITAL • 3,368 SF
      4500 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Value Estimation
      $355,000
      7,544 SF

      4115 Dalrock Rd

      DAY CARE, PRE-SCHOOL • 7,544 SF
      4115 Dalrock Rd, Rowlett, TX 75088-5374
      View Details

    Similar Nearby for Sale

    • $399,999

      Rowlett Specialty Property For Sale

      Specialty property available for purchase in Rowlett, Texas.
      2509 Stanford St, Rowlett, TX 75088
      View Details
    • $3,250,000
      4.01 Acres

      Former School Buildings in Rowlett

      Two renovated school buildings totaling 22,151 SF on 4.01 acres.
      8200 Schrade Rd, Rowlett, TX 75088
      View Details
    • Contact for pricing
      1.50 Acres

      Rowlett Commercial Land - Prime Location

      1.5-7.2 Acres, High-Traffic Area, Build-to-Suit Available
      0 Neq Lakeview & Kenwood, Rowlett, TX 75088
      View Details
    • Contact for pricing
      4 SF

      Rowlett Land For Sale

      4-acre land available in Rowlett, Texas.
      2799 Singleton St, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Land on Lakeview Parkway

      0.17 acre ground lease opportunity on a main thoroughfare.
      7200 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • $4,399,000

      10+ Acre Development Opportunity

      10+ acres suitable for mixed-use development in Rowlett, Texas.
      4101-4201 Lakeview Pkwy, Rowlett, TX 75088
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      26 SF

      Rowlett Specialty Property for Rent

      Specialty property available for rent in Rowlett, Texas.
      2704 Lawing Ln, Rowlett, TX 75088
      View Details
    • Contact for pricing
      7,380 SF

      Highway 66 Retail Pad Sites

      Rowlett, TX: Prime Retail Opportunity
      2700 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Contact for pricing
      425 SF

      Retail Space in Rowlett Center

      Highly visible retail space in a busy shopping center.
      3502 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Contact for pricing
      4,175 SF

      Lakeview Plaza Retail Center

      Rowlett, TX Retail Space - 4,175 SF Available
      0 Nwc Of Dalrock Rd & Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Rowlett Pad Site For Lease

      Pad site available for ground lease or build-to-suit.
      4406 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Contact for pricing
      1,572 SF

      Versatile Space Near Sapphire Bay

      Suitable for medical, retail, or office use near Sapphire Bay.
      4206 Dalrock Rd, Rowlett, TX 75088
      View Details
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    Rowlett, TX 75088-8110
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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