• Broker Wayne Burgdorf 8177268586

SEQ John King & FM 1141 blvd - Rockwall Signalized Corner Commercial Tract 16 Acres of Commercial Land Offered at $4,100,000 in Rockwall, TX 75087

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INVESTMENT HIGHLIGHTS

  • Located in NE Rockwall with High Income Demos & Rockwall ISD
  • Signalized Corner, 16 Acres Gross, Expandable to 17 Acres, All Utilities
  • Seller will Sell the 4-5 Acres of Commercial Pod Frontage for $14/SF
  • New Home Additions in Immediate area start at $700K
  • Suited for commercial along John King & Various Uses for Backland
  • Contact Wayne.Burgdorf@svn.com for full PDF brochure

EXECUTIVE SUMMARY

This tract is located in NE Rockwall, where John King Blvd. was recently built to open up this end of town. There are currently several upscale SFR additions along this corridor, with houses starting at $600K. John King is a 4-lane Boulevard that will eventually be SH-205, and will be expanded to 6 lanes by narrowing the median. The property is located at the signalized SE corner of John King Blvd. & FM 1141. FM 1141 will likely be widened in the near future. It is in the Rockwall ISD. The Ladera Addition adjoins it to the south, and the Terraces Addition adjoins it to the east. It has 16 acres and can be expanded with one additional acre owned by the city as excess ROW. It is almost square in shape. The terrain is varied as it is gently sloping but has a bisecting creek with flood (about 3 acres) on the rear acreage. It is still zoned AG and the city is favorable to neighborhood commercial along John King and the rear being commercial campus or even nice townhomes for owner occupancy, but no MF or BFR. No unusual easements exist. City water and sewer are right there. There are not many spots along John King that will end up being commercial, but this is one of them.

PROPERTY FACTS

Price $4,100,000 Property Subtype Commercial
Sale Type Owner User Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Convenience Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Master Planned Community
  • Medical
  • Neighborhood Center
  • Office Park
  • Planned Unit Development
  • Restaurant
  • Storefront, Retail or Office
  • Strip Center
No. Lots 1 Total Lot Size 16.00 AC
Property Type Land
Zoning C - Commercial
Price $4,100,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Convenience Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Master Planned Community
  • Medical
  • Neighborhood Center
  • Office Park
  • Planned Unit Development
  • Restaurant
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 16.00 AC
Zoning C - Commercial

1 LOT AVAILABLE

Lot

Price $4,100,000 Lot Size 16.00 AC
Price Per AC $256,250.00
Price $4,100,000
Price Per AC $256,250.00
Lot Size 16.00 AC

16 Acres at the Corner for Commercial or mixed use development

DESCRIPTION

This tract is located in NE Rockwall, where John King Blvd. was recently built to open up this end of town. There are currently several upscale SFR additions along this corridor, with houses starting at $600K. John King is a 4-lane Boulevard that will eventually be SH-205, and will be expanded to 6 lanes by narrowing the median. It is in the Rockwall ISD. The property is located at the signalized SE corner of John King Blvd. & FM 1141. FM 1141 will likely be widened in the near future. The Ladera Addition adjoins it to the south, and the Terraces Addition adjoins it to the east. It has 16 acres and can be expanded with one additional acre owned by the city as excess ROW. It is almost square in shape. The terrain is varied as it is gently sloping but has a bisecting creek with flood (about 3 acres) on the rear acreage. It is still zoned AG and the city is favorable to neighborhood commercial along John King and the rear being commercial campus or even nice townhomes for owner occupancy, but no MF or BFR. No unusual easements exist. City water and sewer are right there. There are not many spots along John King that will end up being commercial, but this is one of them.

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