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5201 Grisham Dr

16,150 SF Industrial Building Rowlett, TX 75088 For Sale

Investment Highlights

  • *Rare* IO (Industrial Overlay) Zoning. Well suited for Owner-User or Investor. Currently vacant.
  • Located in Rowlett, one of the fastest growing communities in north central Texas region according to Rowlett Economic Dev't.
  • Opportunity to purchase in one of the most sought after areas in this sub-market.
  • Well-maintained building located in prime industrial area of Rowlett, offering easy access to major highways and transportation
  • Property can accomodate a number of uses including auto repair, distribution and more.

Executive Summary

Excellent investment and/or Owner/User opportunity. The property lies within the industrial overlay district which is one of the most lenient zoning ordinances in Rowlett. Current power is 240 V, 1600 amps with 3 phase. Approximately 1,400 sf of total is office space (in good condition), but there is 5,250 SF of covered carport as well (not included in total). Rowlett has experienced substantial growth over the previous years and it's rare for properties of this quality to hit the market.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.72 AC
Rentable Building Area 16,150 SF
No. Stories 1
Year Built 1985
Tenancy Single
Parking Ratio 1.24/1,000 SF
Clear Ceiling Height 19’6”
No. Drive In / Grade-Level Doors 5

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Bldg
  • 16,150 SF
  • Industrial
  • Full Build-Out
  • Now

Space available for lease/sale as follows: 14,750 SF Industrial Space 1,400 SF Office Space 5,250 SF Covered Car Port

Space Size Space Use Condition Available
1st Fl - Bldg 16,150 SF Industrial Full Build-Out Now

1st Fl - Bldg

Size
16,150 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Bldg

Size 16,150 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Space available for lease/sale as follows: 14,750 SF Industrial Space 1,400 SF Office Space 5,250 SF Covered Car Port

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
440229400352R0000
Land Assessment
$94,090
Improvements Assessment
$725,910
Total Assessment
$820,000

zoning

Zoning Code IO- Industrial Overlay (Intended to accommodate industrial, manufacturing, warehousing, distribution and assembly plants and facilities typically allowed in M-1 and M-2.)
IO- Industrial Overlay (Intended to accommodate industrial, manufacturing, warehousing, distribution and assembly plants and facilities typically allowed in M-1 and M-2.)
  • Listing ID: 29474650

  • Date on Market: 9/8/2023

  • Last Updated:

  • Address: 5201 Grisham Dr, Rowlett, TX 75088

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