0 Medical DrRockwall, TX 75032

For Sale
$9,730,431
13 Acres, Rockwall, TX Medical District

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 13.14-acre commercial land parcel presents a remarkable investment opportunity in the heart of Rockwall, Texas's thriving medical district. Strategically located on Medical Drive, near the intersection of Horizon Road and Tubbs Road, this property boasts a prominent position adjacent to Texas Health Resources (THR) Rockwall. Zoned PD-9, the site allows for building heights up to 60 feet, accommodating up to five stories. The zoning offers flexibility for a variety of uses, particularly well-suited for medical facilities or medical office buildings. This high-traffic area ensures excellent visibility and accessibility. All utilities are readily available. The property includes on-site drainage and detention via Rainbow Lake. Furthermore, the site is divisible into multiple parcels, providing options for various development scenarios. The asking price is $9,730,431, and flexible terms are available. This central location, combined with its zoning and infrastructure, makes this a truly exceptional opportunity for significant development and return on investment. The property's size and location make it ideal for a large-scale development project or multiple smaller developments. The inclusion of Rainbow Lake provides a significant advantage in terms of drainage and detention management.

Highlights

  • $9,730,431 asking price for 13.14 acres of commercial land.
  • Located in Rockwall, TX, in the heart of the medical district, zoned for up to five stories.
  • Prominent location on Horizon Rd and Tubbs Rd, adjacent to Texas Health Resources (THR) Rockwall.
  • Features on-site drainage and detention in Rainbow Lake; all utilities available.
  • Divisible into multiple sites, offering flexible development options.

Property Details for 0 Medical Dr

Property type
Land
Lot Size (sq. ft)
572,378 SF

Location Insight

City
Rockwall
County
Rockwall
State
Texas
Latitude
32.879881384321
Longitude
-96.458807427379
Medical Dr, Rockwall, Texas

FAQs

What type of property is this?
Land - 13 Acres, Rockwall, TX Medical District
Where is the land located?
The property is located at Medical Dr Rockwall, TX.
What is the asking price?
The asking price for this property is $9,730,431.
What are key features of this property?
This property features: $9,730,431 asking price for 13.14 acres of commercial land.; Located in Rockwall, TX, in the heart of the medical district, zoned for up to five stories.; Prominent location on Horizon Rd and Tubbs Rd, adjacent to Texas Health Resources (THR) Rockwall.
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0 Medical Dr
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