State Highway 205 @ Rise Road - Commercial LAND FOR SALE


Rockwall, TX 75032 679,536 SF
$3,600,000 USD
214-556-1951
State Highway 205 @ Rise Road, Rockwall, TX for Sale
$3,600,000 USD
Commercial LAND - FOR SALE
1/3
679,536 SF

State Highway 205 @ Rise Road
Rockwall, TX 75032


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 is adjacent to the future Master Planned Community, The Juniper, that was recently approved by the City of Rockwall for 885 new homes.
  • The Site currently has a dual zoning with most of the Site zoned “Agriculture District” and "Commercial District".
  • The Commercial District zoning allows for development of most commercial uses such as retail, office, medical, hotel, restaurant.
  • The Site has a future land use of Commercial per the Rockwall’s future land use map.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/ACRE

$230,769/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

15.6+/- Acre Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Hotel, Medical, Agricultural

LAND ACRES

15.6 AC

LAND SF

679,536 SF

OFFSITE IMPROVEMENTS

Water

ZONING

Commercial/Agricultural

APN/PARCEL ID

11297

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.