Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4509 Chiesa Rd Rowlett, TX 75088-8976

    • Commercial real estate
    • 1,000 SF
    • 13.14 lot acres
    OFF-MARKET
    Last Sale
    Jul 19, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2965994
    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

    • Lakeside Estates - A Westway Community / Campground & RV Park

    Property Details for 4509 Chiesa Rd

    Year built
    2022
    Construction
    FRAME
    Lot size
    13.14 lot acres
    Property size
    1,000 SF
    Zone code
    Z236
    Property type
    Commercial real estate
    APN
    65057172210140000
    APU
    65057172210140000

    Description

    This exceptional four-acre commercial land parcel is located at 4509 Chiesa Rd, Rowlett, Texas, 75088, in Dallas County. Zoned C-1 & SF40, this property presents a unique opportunity for a variety of commercial ventures. Its prime location offers convenient access to major transportation arteries, including I-30 and Highway 66, ensuring excellent visibility and accessibility for businesses. A significant advantage is the waterfront location, adding considerable appeal and potential for development. The property's zoning allows for a range of uses, making it suitable for office spaces, medical facilities, or service-oriented businesses. The expansive four-acre lot provides ample space for construction and development, accommodating substantial projects. This property is an excellent investment opportunity for developers and entrepreneurs seeking a strategic location with high growth potential in the thriving Rowlett market. The property's location offers easy access to a robust infrastructure and a growing community. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial land offering.

    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
    -96.5326
    Latitude
    32.9019
    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
    $26,630
    $858,630
    $294,760
    $1,153,390
    -
    $858,630
    $294,760
    $1,153,390

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Neq Lakeview & Kenwood

      Land • 1.50 Acres
      0 Neq Lakeview & Kenwood, Rowlett, TX 75088
      View Details
    • Value Estimation by Request
      12.04 Acres

      4000 Dalrock Rd

      COMMERCIAL (GENERAL) • 12.04 Acres
      4000 Dalrock Rd, Rowlett, TX 75088
      View Details
    • Value Estimation by Request
      72 SF

      4002 Melcer Dr

      COMMERCIAL (GENERAL) • 72 SF
      4002 Melcer Dr, Rowlett, TX 75088
      View Details
    • Value Estimation
      $3,590,000
      24,294 SF

      4906 Miller Rd

      COMMERCIAL (GENERAL) • 24,294 SF
      4906 Miller Rd, Rowlett, TX 75088-5801
      View Details
    • Value Estimation
      $1,510,000
      35,799 SF

      8701 Interstate Hwy 30

      COMMERCIAL (GENERAL) • 35,799 SF
      8701 Interstate Hwy 30, Rowlett, TX 75088-5583
      View Details
    • Value Estimation
      $1,160,000
      10,828 SF

      9101 Lakeview Pkwy

      COMMERCIAL (GENERAL) • 10,828 SF
      9101 Lakeview Pkwy, Rowlett, TX 75088-4569
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.26 Acres

      Rowlett, TX Commercial Land

      10+ Acres, Hwy 66 Frontage, High Traffic
      0 Big A Rd, Rowlett, TX 75088
      View Details
    • $966,000
      2.87 Acres

      Rowlett, TX Commercial Land

      Seven finished lots, prime location.
      3713 Chaha Rd, Rowlett, TX 75088
      View Details
    • $799,000
      0.92 Acres

      Rowlett Commercial Land - $799K

      Prime 0.92-acre commercial lot in Rowlett, TX.
      4105 Industrial St, Rowlett, TX 75088
      View Details
    • $349,900
      1.20 Acres

      Rowlett Land: 1.2 Acres, $349,900

      Prime Rowlett land, buildable lots, water views.
      6916 Miller Rd, Rowlett, TX 75088
      View Details
    • Contact for pricing
      3.21 Acres

      Prime Rowlett Commercial Land

      3.21 Acres, Highway 66 Frontage
      0 Neq - Hwy 66 & Dalrock Rd, Rowlett, TX 75088
      View Details
    • $128,900
      0.17 Acres

      Lakeview Parkway Commercial Land

      High-Traffic Rowlett Investment Opportunity
      7200 Lakeview Pkwy, Rowlett, TX 75088
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      26 SF

      Industrial Property for Rent

      Industrial property available for rent in Rowlett, Texas.
      2704 Lawing Ln, Rowlett, TX 75088
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4509 Chiesa Rd
    Rowlett, TX 75088-8976
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.