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Property profile & analytics
OFF-MARKET Estimated value $1,330,000
Strip malls

5505 Rowlett Rd Rowlett, TX 75089-4028

36,360 SF 4.34 ac lot Built 2020
Entity Owned Absentee Owner Free & Clear
Property ID
US82-2270940
Property summary
AI-generated overview

This exceptional 1.27-acre commercial land parcel presents a unique investment opportunity in the thriving city of Rowlett, Texas. Located at the highly visible intersection of Rowlett Road and Lakeview Parkway, this property boasts significant frontage and exceptional visibility for maximum brand exposure. The site is zoned for a variety of commercial uses, making it ideal for a range of businesses. Preliminary site analysis suggests suitability for medical facilities, daycare centers, or office buildings. The asking price is $1,100,000. The property is being offered for sale directly by the owner, providing a streamlined transaction process. The large lot size offers ample space for development, and the strategic location ensures high traffic counts and easy accessibility for customers and employees. The property's prominent position allows for the installation of monument signage, further enhancing visibility and brand recognition. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area with strong potential for significant return on investment. The property is situated in Dallas County, Texas, with the address being 5505 Rowlett Rd, Rowlett, TX 75089. Serious inquiries are encouraged.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Construction TILT-UP CONCRETE
Total area 36,360 SF
Lot 4.34 ac (188,915 SF)
APN 440620600A07R0000
UPID US82-2270940
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.33M
Owner & transaction history
BRIARWOOD ROWLETT LLC
BRIARWOOD ROWLETT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $2.1M +45.5%
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