5404 Kenwood Dr Rowlett, TX 75089-3104
Property profile & analytics
5404 Kenwood Dr Rowlett, TX 75089-3104
- Office buildings
- 6,404 SF
- 1.81 lot acres
Property ID
US82-5854818
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.
Location Intelligence
Current Use by Public Records
- Quinn Pediatrics / Medical Clinic / Pediatrician
- Texas Tiny Teeth Pediatric Dentistry & Orthodontics Rowlett / Dental Office
Property Details for 5404 Kenwood Dr
- Year built
- 2019
- Construction
- FRAME
- Lot size
- 1.81 lot acres
- Property size
- 6,404 SF
- Property type
- Office buildings
- APN
- 440142600A5ARA000
- APU
- 440142600A5ARA000
Description
This exceptional investment opportunity presents a 6,200 square foot multi-tenant retail shopping center located at 5404 Kenwood Dr, Rowlett, TX 75089, in Dallas County. The property boasts a prime location, strategically situated between Walmart and Sprouts grocery stores, ensuring high visibility and consistent foot traffic. With an asking price of $3,689,231 and a price per square foot of $595.04, this property offers a compelling 6.50% cap rate. Currently operating at 100% occupancy, the center is anchored by a Chick-fil-A, further enhancing its appeal and stability. The property benefits from its high-traffic location, exposed to over 45,000 vehicles daily, drawing from both neighborhood and regional traffic. The surrounding area features a high average household income and is populated by well-known franchises. A significant advantage is the inclusion of a Chick-fil-A parking ground lease, adding to the overall investment value. This well-positioned retail center presents a strong and stable investment opportunity in a thriving market. The property type is retail, specifically a shopping center, with multi-tenancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,615,000
- 6.5%
- $1,490,000
- 7%
- $1,385,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,738,000
Market price range: $422k - $1.74M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,225,000 Current use
- COMMERCIAL (GENERAL)
- $1,080,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Dallas
- State
- Texas
- Longitude
- -96.5756
- Latitude
- 32.909
- 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
$39,731
$157,690
$1,563,110
$1,720,800
-
$157,690
$1,563,110
$1,720,800
