This exceptional 1.8-acre tract presents a unique investment opportunity in the thriving city of Rowlett, Texas. Currently zoned C1 - Planned Development, this level, undeveloped land offers significant potential for a variety of commercial ventures. Its strategic location within a densely populated residential area ensures high visibility and accessibility to a substantial customer base. The property's versatility makes it ideal for projects such as multi-tenant retail developments, taking advantage of the high traffic counts in the area. Furthermore, its proximity to major thoroughfares provides unparalleled convenience for both businesses and customers. Less than one mile from Miller Road and within two miles of Interstate 30, State Highway 66, and the President George Bush Turnpike, this site boasts exceptional connectivity to surrounding communities and regional transportation networks. This prime location offers easy access for employees and customers alike, maximizing the potential for success. The expansive acreage provides ample space for development, allowing for flexibility in design and scale. This is a rare opportunity to acquire a strategically located, ready-to-develop parcel in a rapidly growing area. The asking price is $850,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$19,775,766
Hospitality
$18,114,496
Educational
$15,071,048
Medical
$15,589,365
Retail
$23,443,852
Location Insight
City
Rowlett
County
Dallas
State
Texas
Latitude
32.8845
Longitude
-96.5359
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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