7617 Lakeview PkwyRowlett, TX 75088

Property Details for 7617 Lakeview Pkwy

Year built

1988

Construction

FRAME

Lot size

1.01 AC

Property size (Sq ft)

2,454 SF

Zone code

Z254

Property type

Medical offices

Property subtype

Medical centers

APN

440030000A0010000

APU

440030000A0010000

Description

This exceptional 3,910-square-foot medical office building presents a unique investment opportunity in the thriving city of Rowlett, Texas. Situated on a 1.01-acre lot at 7617 Lakeview Parkway, this single-tenant building boasts high visibility and accessibility along a major thoroughfare, State Highway 66. The property is currently vacant, offering immediate occupancy for a variety of medical uses, including medical offices, dental practices, or veterinary clinics. The building is a single-story Class B structure with ample parking, providing 24 spaces for patients and staff. The C-2 zoning allows for a range of medical and related businesses. This turn-key property is ready for immediate use, eliminating the need for extensive renovations or upgrades. Its location in Dallas County, with easy access to major transportation routes, ensures high traffic volume and excellent exposure. The property's size and amenities make it ideal for a variety of medical professionals seeking a well-established and convenient location to serve the Rowlett community. The 75088 zip code offers a strong demographic profile, further enhancing the property's investment potential. This is a rare opportunity to acquire a fully functional, highly visible medical office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $540,436

  6.5%

  $498,864

  7%

  $463,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $358,926

  Geo Method

  $295,265

• Alternative Use

  Use

  Valuation

  Residential

  $618,591

  Hospitality

  $566,626

  Educational

  $471,426

  Medical

  $487,640

  Retail

  $733,330

Location Insight

City

Rowlett

County

Dallas

State

Texas

Latitude

32.9132

Longitude

-96.5273

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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