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Warehouse

3285 Springer Lane

3285 Springer Ln, Rockwall, TX 75032

Listing Price: $2,250,000

Cap Rate
1.00%
Gross SF
10,000
Price/Gross SF
$225.00
Lot Size
1.09 acres
Year Built
2016
Rentable SF
10,000

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3285 Springer Lane in Rockwall, Texas. The subject property consists of approximately 10,000 square feet of industrial space situated on 1.09 acres. This vacant two-building industrial property features masonry construction with 14'-18' clear height, and three grade-level doors, offering versatility for single-tenant or multi-tenant uses. The property's ideal location provides easy access to Interstate 30, making it an attractive option for businesses requiring convenient transportation routes.

The property's recent amendment to permitted land use allows for warehouse, light assembly and fabrication, and light manufacturing uses. This, combined with the property's vacant status, creates a blank canvas for a potential lease-up investment or owner-user opportunity. In recent years, Rockwall County has experienced significant growth with the population rising by 30.5 percent between 2020 and 2025, according to the U.S. Census. This growth is expected to drive demand for industrial space, making the subject property an attractive investment opportunity.

The Dallas-Fort Worth metropolitan area, where the Rockwall submarket is situated, is a large and diverse market, spanning over 9,286 square miles across 13 counties. With a population of over 7.5 million people, the Dallas-Fort Worth metropolitan area is the fourth largest in the United States. The metro area is well-connected by multiple highways and passenger and commercial rail. Major industries in DFW include manufacturing, technology, healthcare, and logistics, with several corporate headquarters, including AT&T and ExxonMobil, calling the region home. As a result, the commercial real estate market in the Dallas-Fort Worth area is expected to remain strong, with growing demand for industrial space.

Investment Highlights

  • Vacant Two-Building +/-10,000-Square-Foot Industrial Asset Situated on 1.09 Acres
  • Masonry Construction Featuring 14'-18' Clear Height, Three Grade-Level Doors, and Updated Office Space
  • Two Buildings Create Versatility for Single-Tenant or Multi-Tenant Uses
  • Recent Amendment to Permitted Land Use Allows for Warehouse, Light Assembly and Fabrication, and Light Manufacturing Uses
  • Rockwall County Has Experienced a 30.5% Increase in Population Between 2020 and 2025 (U.S. Census)
  • Ideal Location with Easy Access to Interstate 30

Exclusively Listed By

Warehouse

3285 Springer Lane

Listing Price: $2,250,000

Cap Rate
1.00%
Gross SF
10,000
Price/Gross SF
$225.00
Lot Size
1.09 acres
Year Built
2016
Rentable SF
10,000

Investment Highlights

  • Vacant Two-Building +/-10,000-Square-Foot Industrial Asset Situated on 1.09 Acres
  • Masonry Construction Featuring 14'-18' Clear Height, Three Grade-Level Doors, and Updated Office Space
  • Two Buildings Create Versatility for Single-Tenant or Multi-Tenant Uses
  • Recent Amendment to Permitted Land Use Allows for Warehouse, Light Assembly and Fabrication, and Light Manufacturing Uses
  • Rockwall County Has Experienced a 30.5% Increase in Population Between 2020 and 2025 (U.S. Census)
  • Ideal Location with Easy Access to Interstate 30

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3285 Springer Lane in Rockwall, Texas. The subject property consists of approximately 10,000 square feet of industrial space situated on 1.09 acres. This vacant two-building industrial property features masonry construction with 14'-18' clear height, and three grade-level doors, offering versatility for single-tenant or multi-tenant uses. The property's ideal location provides easy access to Interstate 30, making it an attractive option for businesses requiring convenient transportation routes. The property's recent amendment to permitted land use allows for warehouse, light assembly and fabrication, and light manufacturing uses. This, combined with the property's vacant status, creates a blank canvas for a potential lease-up investment or owner-user opportunity. In recent years, Rockwall County has experienced significant growth with the population rising by 30.5 percent between 2020 and 2025, according to the U.S. Census. This growth is expected to drive demand for industrial space, making the subject property an attractive investment opportunity. The Dallas-Fort Worth metropolitan area, where the Rockwall submarket is situated, is a large and diverse market, spanning over 9,286 square miles across 13 counties. With a population of over 7.5 million people, the Dallas-Fort Worth metropolitan area is the fourth largest in the United States. The metro area is well-connected by multiple highways and passenger and commercial rail. Major industries in DFW include manufacturing, technology, healthcare, and logistics, with several corporate headquarters, including AT&T and ExxonMobil, calling the region home. As a result, the commercial real estate market in the Dallas-Fort Worth area is expected to remain strong, with growing demand for industrial space.

Exclusively Listed By

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