7200 Lakeview PkwyRowlett, TX 75088

Property Details for 7200 Lakeview Pkwy

Lot size

0.17 AC

Zone code

Z92

Property type

Commercial land

APN

44016630010010100

APU

44016630010010100

Description

This exceptional 0.17-acre commercial lot is situated on Lakeview Parkway (SH-66), Rowlett's main thoroughfare, boasting over 40,000 vehicles daily. Its prime location within a densely populated residential area offers significant potential for investors. Projected household growth within a three-mile radius is a substantial 7.24% over the next five years, indicating a strong and expanding market. The property benefits from its proximity to considerable ongoing development, including a major construction project of 276 multi-family units at the intersection of Lakeview Parkway and Chiesa. Further enhancing its appeal are the recently completed Liberty Dermatology center (2020) and a new 650-unit storage facility, demonstrating the area's robust growth and demand for commercial ventures. This strategic location provides unparalleled visibility and accessibility, making it an ideal site for a variety of commercial uses. The high daily traffic count on Lakeview Parkway ensures consistent exposure to a large potential customer base. This presents a unique opportunity to capitalize on the burgeoning residential growth and established commercial presence in this thriving Rowlett neighborhood. The 0.17-acre parcel offers a blank canvas for a discerning investor seeking to establish a successful business in a high-demand location. The combination of high traffic volume, projected residential growth, and nearby commercial developments makes this property a compelling investment prospect.

• Alternative Use

  Use

  Valuation

  Residential

  $1,866,613

  Hospitality

  $1,709,808

  Educational

  $1,422,540

  Medical

  $1,471,463

  Retail

  $2,212,840

Location Insight

City

Rowlett

County

Dallas

State

Texas

Latitude

32.9092

Longitude

-96.5335

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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