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Investment Highlights

  • Retention is accounted for via Rainbow Lake.
  • The site is centrally located within a populous area.
  • Utilities are all run to site.
  • Entire site is usable.

Executive Summary

Sites available for lease. All utilities available along Medical Drive, no drainage or retention required with development because of added capacity to Rainbow Lake. The site is located on the south side of Horizon Road just east of Tubbs Road, near the THR Presbyterian Hospital.

Property Facts

Price $2,787,840
Sale Type Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 3.20 AC
Zoning Planned Development - Zoned for up to 120ft maximum structure height.

1 Lot Available

Lot 1

Price $2,787,840
Price Per AC $871,200.00
Lot Size 3.20 AC

Description

• $2,787,840 | 3.2ac site | Zoned PD-9 | Zoning allows up to 120ft building height • Prominent location on Horizon Rd and Tubbs Rd in Rockwall TX | Adjacent to Texas Health Resources (THR) Rockwall • Ideal location for medical use or medical office use • All utilities available to site | Drainage and Detention on site in Rainbow Lake

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
83041
Land Assessment
$1,722,275 (2025)
Improvements Assessment
$23,270 (2025)
Total Assessment
$1,745,545 (2025)
  • Listing ID: 3853814

  • Date on Market: 9/25/2006

  • Last Updated:

  • Address: Horizon Rd, Rockwall, TX 75032

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