Agricultural

Rowlett Urban Village Development

Listing Price: Request For Offer

Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present Rowlett Development, a 5.17-acre development opportunity located at 8700 N Princeton Road in Rowlett, Texas. The subject property is located approximately twenty miles from Downtown Dallas and Plano featuring approximately 24,000 vehicles per day at the intersection of Princeton Road and Dalrock Road. The development opportunity is less than two miles from a Tom Thumb and various other national credit tenants including Bank of America, Walgreens, Chase Bank, and 7-Eleven. The subject property is strongly positioned between Keeley Elementary School and the new Liberty Grove Elementary School. Rowlett Development is a single zoned SF-15 and Form Based NN which is intended for large single-family neighborhoods. The building standards are geared towards creating more pedestrian-friendly communities interspersed with public open space, allowing for the development of 15,000-square foot single family lots.

The city of Rowlett is located in Dallas County, northeast of downtown Dallas along Interstate 30 and east of Plano and Richardson, along President George Bush Turnpike, featuring convenient access to major thoroughfares for ease of transportation. The city currently has a population of 62,868 residents with an average household income of $92,881 and a median home value of $225,100. The city also uniquely features a DART station. Rowlett features a family community with ease of access to Dallas, Richardson, and Plano. (www.ci.rowlett.tx.us)

Overall, Rowlett Development provides a new investor a tremendous development opportunity, at an incredibly attractive price per square-foot, in the rapidly growing city of Rowlett, Texas. The close proximity to the city of Dallas and Plano, accessibility to Interstate-30 and President Bush Turnpike make this a prime location for new development opportunities. The subject property is conveniently located within a one-mile radius to Rowlett schools and major retailers including a Neighborhood Walmart. With a new development in place, the subject property which is zoned SF-15 / Form Based NN, will be well-positioned to capitalize on the growing demand in this immediate submarket.

Investment Highlights

  • Traffic Counts Exceed 24,000 VPD at Princeton Rd / Dalrock Rd
  • 5.17-Acre Development Site Located on Princeton Rd
  • Proximity to Neighborhood Walmart & Two Elementary Schools
  • SF-15 FB NN Zoning | Single Family Lots and Pedestrian Friendly Communities

Exclusively Listed By

Financing By

Agricultural

Rowlett Urban Village Development

Listing Price: Request For Offer

Land Type
Redevelopment

Investment Highlights

  • Traffic Counts Exceed 24,000 VPD at Princeton Rd / Dalrock Rd
  • 5.17-Acre Development Site Located on Princeton Rd
  • Proximity to Neighborhood Walmart & Two Elementary Schools
  • SF-15 FB NN Zoning | Single Family Lots and Pedestrian Friendly Communities

Investment Overview

Marcus & Millichap is pleased to present Rowlett Development, a 5.17-acre development opportunity located at 8700 N Princeton Road in Rowlett, Texas. The subject property is located approximately twenty miles from Downtown Dallas and Plano featuring approximately 24,000 vehicles per day at the intersection of Princeton Road and Dalrock Road. The development opportunity is less than two miles from a Tom Thumb and various other national credit tenants including Bank of America, Walgreens, Chase Bank, and 7-Eleven. The subject property is strongly positioned between Keeley Elementary School and the new Liberty Grove Elementary School. Rowlett Development is a single zoned SF-15 and Form Based NN which is intended for large single-family neighborhoods. The building standards are geared towards creating more pedestrian-friendly communities interspersed with public open space, allowing for the development of 15,000-square foot single family lots.

The city of Rowlett is located in Dallas County, northeast of downtown Dallas along Interstate 30 and east of Plano and Richardson, along President George Bush Turnpike, featuring convenient access to major thoroughfares for ease of transportation. The city currently has a population of 62,868 residents with an average household income of $92,881 and a median home value of $225,100. The city also uniquely features a DART station. Rowlett features a family community with ease of access to Dallas, Richardson, and Plano. (www.ci.rowlett.tx.us)

Overall, Rowlett Development provides a new investor a tremendous development opportunity, at an incredibly attractive price per square-foot, in the rapidly growing city of Rowlett, Texas. The close proximity to the city of Dallas and Plano, accessibility to Interstate-30 and President Bush Turnpike make this a prime location for new development opportunities. The subject property is conveniently located within a one-mile radius to Rowlett schools and major retailers including a Neighborhood Walmart. With a new development in place, the subject property which is zoned SF-15 / Form Based NN, will be well-positioned to capitalize on the growing demand in this immediate submarket.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower