702 Rusk St Rockwall, TX 75087
- Commercial land
- 0.60 lot acres
Current Use by Public Records
- Commercial land
Property Details for 702 Rusk St
- Lot size
- 0.60 lot acres
- Property type
- Commercial land
- APN
- 3140-0083-0000-A0-0R
- APU
- 314000830000A00R
Description
This exceptional 7.7-acre property, located at 702 W. Rusk St in Rockwall, Texas, presents a unique investment opportunity. Zoned SF7 & SF10, it allows for diverse development options, catering to both commercial and residential projects. Situated on Hwy 66/Rusk St, just east of Walmart, this land boasts a rich history as the discovery site of the Rockwall landmark. The property benefits from high visibility and accessibility, with impressive traffic counts of 87,926 vehicles per day on I-30 and 30,896 vehicles per day on FM-548. Rockwall's thriving market is further enhanced by a projected population of 49,092 within a 3-mile radius by 2028, and an average household income of $131,299. This strategic location, combined with the flexible zoning and high traffic volume, makes this a compelling investment for developers seeking a prominent presence in a rapidly growing area. The substantial lot size offers ample space for a variety of development plans, capitalizing on the area's robust economic growth and desirable demographics. This is a rare opportunity to acquire a significant piece of Rockwall's history and future. The zip code is 75087.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.4657
- Latitude
- 32.9309
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
