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Property profile & analytics
OFF-MARKET
Commercial land

7200 Lakeview Pkwy Rowlett, TX 75088-4205

0.17 ac lot
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-5335540
Property summary
AI-generated overview

This exceptional 0.17-acre commercial lot is situated on Lakeview Parkway (SH-66), Rowlett's main thoroughfare, boasting over 40,000 vehicles daily. Its prime location within a densely populated residential area offers significant potential for investors. Projected household growth within a three-mile radius is a substantial 7.24% over the next five years, indicating a strong and expanding market. The property benefits from its proximity to considerable ongoing development, including a major construction project of 276 multi-family units at the intersection of Lakeview Parkway and Chiesa. Further enhancing its appeal are the recently completed Liberty Dermatology center (2020) and a new 650-unit storage facility, demonstrating the area's robust growth and demand for commercial ventures. This strategic location provides unparalleled visibility and accessibility, making it an ideal site for a variety of commercial uses. The high daily traffic count on Lakeview Parkway ensures consistent exposure to a large potential customer base. This presents a unique opportunity to capitalize on the burgeoning residential growth and established commercial presence in this thriving Rowlett neighborhood. The 0.17-acre parcel offers a blank canvas for a discerning investor seeking to establish a successful business in a high-demand location. The combination of high traffic volume, projected residential growth, and nearby commercial developments makes this property a compelling investment prospect.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,405 SF)
Zoning code Z92
APN 44016630010010100
UPID US82-5335540
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
  • Rowlett Family Dentistry Dental Office
  • Dr. George Bogard Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nina Harrison · 4 yrs held
Nina Harrison
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Z92 · Rowlett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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