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    Property profile & analytics

    4217 Rowlett Rd Rowlett, TX 75088

    • Retail properties & Spaces
    • 10.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4177200
    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

    • Retail properties & Spaces

    Property Details for 4217 Rowlett Rd

    Lot size
    10.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional 10-acre commercial land parcel, located at 4217 Rowlett Rd in Rowlett, Texas (75088), presents a remarkable investment opportunity. Zoned C1 with a Planned Development (PD) overlay, this property offers diverse development potential, including senior living, office, retail, and restaurant uses. The site boasts approximately 300 feet of frontage on Rowlett Road, between Main Street and Miller Road, ensuring excellent visibility and high traffic counts. Comprising two parcels of approximately 5 acres each, the land is generally level and all utilities are readily available. The seller will not subdivide

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.571
    Latitude
    32.8985

    Comparable in this City

    • Value Estimation
      $6,130,000
      52,797 SF

      7501 Lakeview Pkwy

      MEDICAL BUILDING • 52,797 SF
      7501 Lakeview Pkwy, Rowlett, TX 75088-9322
      View Details
    • Value Estimation
      $1,250,000
      9,604 SF

      7700 Lakeview Pkwy

      MEDICAL BUILDING • 9,604 SF
      7700 Lakeview Pkwy, Rowlett, TX 75088-4362
      View Details
    • Value Estimation
      $905,000
      28,800 SF

      7700 Lakeview Pkwy

      MEDICAL BUILDING • 28,800 SF
      7700 Lakeview Pkwy, Rowlett, TX 75088-4362
      View Details
    • Value Estimation
      $575,000
      5,000 SF

      4624 Lakeview Pkwy

      MEDICAL BUILDING • 5,000 SF
      4624 Lakeview Pkwy, Rowlett, TX 75088-4027
      View Details
    • Value Estimation
      $1,270,000
      9,766 SF

      7700 Lakeview Pkwy

      MEDICAL BUILDING • 9,766 SF
      7700 Lakeview Pkwy, Rowlett, TX 75088-4362
      View Details
    • Value Estimation by Request
      0.50 Acres

      8130 Lakeview Pkwy

      Retail properties & Spaces • 1,232 SF
      8130 Lakeview Pkwy, Rowlett, TX 75088
      View Details

    Similar Nearby for Sale

    • $698,000
      0.50 Acres

      Rowlett Land on Lakeview Parkway

      High-traffic land in Rowlett, commercial zoning preferred.
      8130 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • $2,490,000
      3.90 Acres

      Approved Land with Development Potential

      Approved land in Rowlett, TX, with high traffic and visibility.
      6851 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • Contact for pricing
      3,500 SF

      Retail Property in Rowlett, Texas

      Retail property offering 3,500 square feet in Rowlett, Texas.
      4005 Coyle St, Rowlett, TX 75088
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    • Contact for pricing
      2,325 SF

      New Chipotle with Drive-Thru

      New construction Chipotle with a 15-year absolute NNN lease.
      8201 Lakeview Pkwy, Rowlett, TX 75088
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    • Contact for pricing

      Land For Sale

      Land available for sale.
      600 Cooke Dr, Rowlett, TX 75088
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    • Contact for pricing

      Land Available in Rowlett, Texas

      Land for sale at 5001 Main St, Rowlett, TX.
      5001 Main St, Rowlett, TX 75088
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,700 SF

      Versatile Space Near Sapphire Bay

      Suitable for medical, retail, or office use near Sapphire Bay.
      4206 Dalrock Rd, Rowlett, TX 75088
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      Office Space Available For Lease

      Office space for lease at 3705 Lakeview Pkwy, Rowlett, TX
      3705 Lakeview Pkwy, Rowlett, TX 75088
      View Details
    • $4,495 /Mo
      87,120 SF

      Rowlett Commercial Opportunity

      Prime commercial land in Rowlett, near Lake Ray Hubbard.
      8210 Schrade Rd, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Finished Medical Suites Available

      Finished medical suites available for rent in Rowlett, Texas.
      6900 Scenic Dr, Rowlett, TX 75088
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    • Contact for pricing
      1,850 SF

      Renovated Office Space Available

      Newly renovated office space for rent, convenient location.
      5141 Boyd Blvd, Rowlett, TX 75088
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    • Contact for pricing
      3,750 SF

      Medical Office Space Available

      Class A medical office space for rent in Rowlett, TX.
      7501 Lakeview Pkwy, Rowlett, TX 75088
      View Details
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    4217 Rowlett Rd
    Rowlett, TX 75088
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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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