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Investment Highlights
- Vacant Two-Building +/-10,000-Square-Foot Industrial Asset Situated on 1.09 Acres
- Two Buildings Create Versatility for Single-Tenant or Multi-Tenant Uses
- Rockwall County Has Experienced a 30.5% Increase in Population Between 2020 and 2025 (U.S. Census)
- Masonry Construction Featuring 14'-18' Clear Height, Three Grade-Level Doors, and Updated Office Space
- Recent Amendment to Permitted Land Use Allows for Warehouse, Light Assembly and Fabrication, and Light Manufacturing Uses
- Ideal Location with Easy Access to Interstate 30
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3285 Springer Lane in Rockwall, Texas. The subject property consists of approximately 10,000 square feet of industrial space situated on 1.09 acres. This vacant two-building industrial property features masonry construction with 14'-18' clear height, and three grade-level doors, offering versatility for single-tenant or multi-tenant uses. The property's ideal location provides easy access to Interstate 30, making it an attractive option for businesses requiring convenient transportation routes.
The property's recent amendment to permitted land use allows for warehouse, light assembly and fabrication, and light manufacturing uses. This, combined with the property's vacant status, creates a blank canvas for a potential lease-up investment or owner-user opportunity. In recent years, Rockwall County has experienced significant growth with the population rising by 30.5 percent between 2020 and 2025, according to the U.S. Census. This growth is expected to drive demand for industrial space, making the subject property an attractive investment opportunity.
The Dallas-Fort Worth metropolitan area, where the Rockwall submarket is situated, is a large and diverse market, spanning over 9,286 square miles across 13 counties. With a population of over 7.5 million people, the Dallas-Fort Worth metropolitan area is the fourth largest in the United States. The metro area is well-connected by multiple highways and passenger and commercial rail. Major industries in DFW include manufacturing, technology, healthcare, and logistics, with several corporate headquarters, including AT&T and ExxonMobil, calling the region home. As a result, the commercial real estate market in the Dallas-Fort Worth area is expected to remain strong, with growing demand for industrial space.
The property's recent amendment to permitted land use allows for warehouse, light assembly and fabrication, and light manufacturing uses. This, combined with the property's vacant status, creates a blank canvas for a potential lease-up investment or owner-user opportunity. In recent years, Rockwall County has experienced significant growth with the population rising by 30.5 percent between 2020 and 2025, according to the U.S. Census. This growth is expected to drive demand for industrial space, making the subject property an attractive investment opportunity.
The Dallas-Fort Worth metropolitan area, where the Rockwall submarket is situated, is a large and diverse market, spanning over 9,286 square miles across 13 counties. With a population of over 7.5 million people, the Dallas-Fort Worth metropolitan area is the fourth largest in the United States. The metro area is well-connected by multiple highways and passenger and commercial rail. Major industries in DFW include manufacturing, technology, healthcare, and logistics, with several corporate headquarters, including AT&T and ExxonMobil, calling the region home. As a result, the commercial real estate market in the Dallas-Fort Worth area is expected to remain strong, with growing demand for industrial space.
Property Facts
| Price | $2,250,000 | Rentable Building Area | 10,000 SF |
| Price Per SF | $225 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2017 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.5/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 1.09 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | LI - Light Industrial / Light Manufacturing / Warehousing | ||
| Price | $2,250,000 |
| Price Per SF | $225 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.09 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Tenancy | Single |
| Parking Ratio | 1.5/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | LI - Light Industrial / Light Manufacturing / Warehousing |
Amenities
- Security System
- Air Conditioning
- Breakroom
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 87531 | Improvements Assessment | $728,000 |
| Land Assessment | $312,000 | Total Assessment | $1,040,000 |
Property Taxes
Parcel Number
87531
Land Assessment
$312,000
Improvements Assessment
$728,000
Total Assessment
$1,040,000
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