2306 Ridge RdRockwall, TX 75087

  • Other commercial real estate
  • 5,379 SF
For Sale
$1,400,000 View listing

Property Details for 2306 Ridge Rd

Year built
1987
Lot size
0.52 AC
Property size (Sq ft)
5,379 SF
Zone code
C
Property type
Other commercial real estate
APN
0064-0000-0014-00-0R
APU
006400000014000R

Description

This vacant, 5,379 square foot Class C medical office building in Rockwall, TX is available for $1,400,000 ($260.27/sq ft). Built in 1987, this single-story building sits on a 0.52-acre lot and features a desirable floor plan including plumbed exam rooms and a spacious waiting area. The property boasts excellent frontage and visibility on Ridge Road, a high-traffic area with over 27,000 vehicles daily. Located in the Dallas-Fort Worth MSA, this turnkey facility offers an exceptional opportunity for medical professionals seeking a prime location with convenient access to a large potential client base. The property became vacant on May 16, 2022 and is ready for immediate occupancy. Ample parking is available. This represents a compelling investment or user opportunity in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,355,910
    Hospitality
    $1,242,006
    Educational
    $1,033,335
    Medical
    $1,068,873
    Retail
    $1,607,409
2306 Ridge Rd, Rockwall, Texas

Location Insight

City
Rockwall
County
Rockwall
State
Texas
Latitude
32.903
Longitude
-96.4655
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$15,671
$243,500
$1,430,403
$1,673,903
-
$243,500
$1,430,403
$1,673,903

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