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State Highway 205 - 15.6+/- Acre Development Site 15.6 Acres of Commercial Land Offered at $3,600,000 in Rockwall, TX 75032
Investment Highlights
- The 15.6+/- acre Site is strategically located 1.5 miles south of I-30 off of State Highway 205. The Site has approximately 600 feet of frontage.
- The Site currently has a dual zoning with most of the Site zoned “Agriculture District” and "Commercial District".
- The Site has a future land use of Commercial per the Rockwall’s future land use map.
- The Site is adjacent to the future Master Planned Community, The Juniper, that was recently approved by the City of Rockwall for 885 new homes.
- The Commercial District zoning allows for development of most commercial uses such as retail, office, medical, hotel, restaurant.
Property Facts
1 Lot Available
Lot
| Price | $3,600,000 | Lot Size | 15.60 AC |
| Price Per AC | $230,769.23 |
| Price | $3,600,000 |
| Price Per AC | $230,769.23 |
| Lot Size | 15.60 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present the opportunity to acquire 15.6+/- acres with prime frontage along State Highway 205 in Rockwall, Texas (the “Site"). This Property is currently both Commercial and Agricultural zoned. Its prime location along State Highway 205 offers excellent visibility and easy access, making it a highly desirable development Site. Demographics are extremely strong with an average traffic count of 23,417 VPD on SH-205, Rockwall’s population growing by 20%, and a 1-mile median household income of $104,729. ? A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
Property Taxes
| Parcel Number | 11297 | Improvements Assessment | $0 |
| Land Assessment | $307 | Total Assessment | $307 |
Property Taxes
Contacts
-
Jordan Cortez -
Mason John -
Alex Johnson -
Haley Birmingham -
Reid Pierce -
Justin Tidwell -
Will Droese -
Vanguard Real Estate Advisors
Presented by
State Highway 205 - 15.6+/- Acre Development Site
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