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$600,000

NAL Estimated Property Value

00 E Fork Drive, Rockwall, TX, 75087

Off MarketInfo
CommercialInfo

About this property

We are pleased to present the opportunity to acquire a 2.76-acre tract located in Rockwall, Texas. The property is zoned for Neighborhood Services and Retail, making it well-suited for a diverse range of commercial uses, including salon and spa concepts, service-oriented retail, food and beverage, and community-focused businesses. The site is fully serviced with utilities to the property, including city water, city sewer, and electric, providing a strong foundation for future development. Approximately 16% of the tract is located within a floodplain along the west side of the property and includes an electrical easement, allowing the balance of the site to remain developable. Strategically positioned just off State Highway 205 and one minute from Downtown Rockwall, the property benefits from excellent visibility and access. SH-205 carries approximately 22,385 vehicles per day, offering strong exposure for retail and service users. Additionally, the site is surrounded by established residential neighborhoods and is located less than one mile from Lakeshore Drive, an active retail corridor featuring recent development such as Kroger, Chick-fil-A, Starbucks, and other national retailers.

Investor Tools

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$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Rockwall

00 E Fork Drive | Property Details | No Agent List