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TBD Summer Lee - Rockwall Harbor District, Summer Lee Dr. Land

0.9 Acres of Commercial Land Offered at £685,387 in Rockwall, TX 75032

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Investment Highlights

High Traffic of mid- to high-end consumers. Rockwall is one of the wealthiest counties in Texas, and a Top 30 DFW suburb
Gorgeous lake views, and Easy access to central business district and to I-30, only 30-minutes to/from Downtown Dallas

Premier central commercial district for Rockwall County and surrounding communities for shopping, dining and entertainment

Executive Summary

Commercial Land for development in PD-32. With over 2700 new luxury residences within walking distance and destination lakefront hotel, this site is perfectly suited for retail, restaurant, office, medical, hospitality or mixed use. The Rockwall Harbor District, overlooking Lake Ray Hubbard and the Dallas skyline in the distance, is located just minutes off of I-30 in Rockwall County's central commercial business district. This walkable neighborhood is a dining and entertainment hub for the 5 surrounding counties. High traffic, with affluent demographics of savvy suburbanites and ex-urbanites with an average net worth 4 times the national average. Rockwall is one of the wealthiest counties in Texas, a Top 30 DFW suburb, and and #4 Best Place to Live in the US according to Money Magazine. Located across from public parking lot, nearby shared garage parking available. City streets, sidewalks and utilities available in the area. I-30 expansion establish Rockwall as destination hub.
Zoned COMMERCIAL, PD-32. Build up to 5 stories high. Perfect for retail, restaurant, office, restaurant, mixed use. Located next to luxury apartments, townhomes, condos and hotels supporting HIGH FOOT TRAFFIC. Located across from Rockwall's premier Harbor District, overlooking Lake Ray Hubbard and the Dallas skyline in the distance, located just minutes off of I-30. This is the last remaining large tract of land in the Harbor District for sale. Make us an offer!
Premium East Dallas SubMarket, Just 30-minutes East of Downtown Dallas. From I-30 east, exit Horizon Rd, from access road, turn right on Sunset Ridge Dr. Turn right on Summer Lee Dr. Property is south of Summer Lee, between Sunset Ridge and Shoreline Trail in Rockwall's most robust central commercial business district.
Rockwall boasts an affluent demographic with twice the national average household income, and 4 times the average net worth. Ranked by Money Magazine and US Today as one of the Top 4 places in the US to live, making this an ideal target market for commercial development.

Property Facts

Price	£685,387	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	1031 Exchange Design & Build Portfolio Sale Development Sale	Proposed Use	Commercial
No. Lots	1	Total Lot Size	0.90 AC

Price	£685,387
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Design & Build Portfolio Sale Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	0.90 AC

1 Lot Available

Lot 1-4 & 1-3

Price	£685,387	Lot Size	0.90 AC
Price Per AC	£761,542

Price	£685,387
Price Per AC	£761,542
Lot Size	0.90 AC

Tax ID # and Legal Property Descriptions of all contiguous 7 lots: Tax ID #19954, MOTON, BLOCK 20, LOT 1& 4; Tax ID #19955, MOTON, BLOCK 20, LOT 2; Tax ID #19956, MOTON, BLOCK 20, LOT 3; Tax ID #19958, MOTON, BLOCK 22, LOT 1, 2, 3

Description

Raw land, undeveloped with some trees and topography. Parcel sits on the south side of Summer Lee, opposite from the Harbor District, Rockwall's premier dining, entertainment and retail venue, overlooking Lake Ray Hubbard, and the Hilton Lakefront Resort. Adjacent to luxury apartments, hotel, giving this HIGHLY VISIBLE site premium foot traffic and vehicle traffic. This listing is zoned COMMERCIAL PD-32. Perfect for retail, restaurant, office, surrounding by luxury townhomes, condos, hotel in Rockwall's central commercial business district. This walkable neighborhood is located next to luxury apartments and hotel, and across from Rockwall's premier Harbor District, overlooking Lake Ray Hubbard and the Dallas skyline in the distance, located just minutes off of I-30. This is the last remaining large tract of land in the Rockwall Harbor District, Make us an offer and make it yours!