7200 Lakeview Pkwy Rowlett, TX 75088-4205
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.
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Rowlett Family Dentistry Dental Office
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Dr. George Bogard Dental Office
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
Z92 · 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.