4850 Gordon Smith Dr Rowlett, TX 75088-3917
This exceptional 5,050-square-foot warehouse in Rowlett, Texas, presents a compelling investment or owner-user opportunity. Located at 4850 Gordon Smith Dr, 75088, this single-story, 1980-built building sits on a 0.28-acre lot and offers a gross lease structure. The property features a demisable wall, creating the potential for two separate suites, ideal for multi-tenant occupancy or an owner-occupant seeking additional income streams. The current tenant's lease provides flexibility for immediate occupancy or continued rental income. The warehouse boasts 3-phase power, essential for industrial equipment, and is fully climate-controlled with 100% HVAC. A paved and fenced yard, complete with a shed, provides ample secure storage space. The property's IO (Industrial Overlay) zoning allows for a variety of industrial uses. Its prime location in Rowlett ensures excellent access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The asking price is $757,500, with a price per square foot of $150. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a thriving Texas market.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z94 · Rowlett, TXRowlett. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.