Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5901 FM 2642 Royse City, TX 75189

    View on Map
    For Sale
    $895,000

    Unimproved Land - Royse City, TX

    Type:Unimproved Land
    Lot size:
    5.49 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    42
    Last Refresh:
    Mar 31 at 8:06 pm

    Property Features for 5901 FM 2642

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    21697
    Lot size
    5.49 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1999
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Delena Helton

    Listing agent Delena Helton License #0630305

    Listing office Call It Closed Realty 2435 North Central Expressway, GRANBURY, TX

    Listing date Feb 17, 2026

    MLS# 21179981 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This is a 4.92-acre commercial land opportunity positioned in a rapidly expanding growth corridor. The location is approximately 0.7 miles from Interstate 30 and 0.9 miles from Royse City High School. The site is near the future H-E-B location at I-30 & FM 2642 and close to the planned Home Depot development on FM 2642. The property is located in a high-growth corridor experiencing residential and commercial expansion. It is suitable for retail, office, mixed-use, restaurant, or investment development. The property offers proximity to I-30 and major future developments, with traffic growth and residential expansion nearby. The lot size is 5.492 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.290244
    Latitude
    32.991489

    Nearby Similar for Sale

    • $999,999
      4,090 SF

      Farmhouse Retreat on Expansive Acreage

      Meticulously maintained farmhouse with exceptional entertaining space on nearly 10 acres.
      7803 Fm 35, Royse City, TX 75189
      View Details
    • $675,000

      Prime 5-Acre Development Land

      5 acres of developable land in high-growth Collin County.
      7400 CO RD 678, Royse City, TX 75189
      View Details
    • $895,000

      Prime Commercial Land Opportunity

      4.92 acres of commercial land in a high-growth corridor.
      5901 FM 2642, Royse City, TX 75189
      View Details
    • $485,900
      1,731 SF

      Royse City Acreage with Horse Barn

      Serene 5.46-acre property with a 3-bedroom home and horse barn.
      6371 County Road 2520, Royse City, TX 75189
      View Details
    • $1,400,000
      7,500 SF

      New Self-Storage Facility Investment

      Turnkey self-storage facility in a rapidly expanding area.
      621 Poetry Road, Royse City, TX 75228
      View Details
    • $1,250,000

      Royse City Business Opportunity

      Business property in Royse City with offices and warehouse space.
      251 Southern Drive, Royse City, TX 75189
      View Details
    • $560,000

      Royse City 10-Acre Investment Land

      10 acres of undeveloped land in rapidly growing Royse City.
      798b N Munson Road, Royse City, TX 75189
      View Details
    • $1,950,000

      Industrial Warehouses on 1.49 Acres

      Two warehouse buildings on 1.49 acres in Royse City, TX.
      5882 State Highway 276, Royse City, TX 75189
      View Details
    • $389,900

      Mini Ranch Opportunity in Royse

      4.75 acres ready for livestock, horses, or homesteading.
      8258 CR 2580, Royse City, TX 75189
      View Details
    • $11,245,000

      206-Acre Development Opportunity in Royse

      206-acre property suitable for residential, commercial, or industrial development.
      8523 State Highway 276, Royse City, TX 75189
      View Details
    • $442,500

      8-Acre Land in Royse City

      Unimproved 8-acre land suitable for multiple uses.
      99999 Cr-678, Royse City, TX 75189
      View Details
    • $300,000

      Land in Desirable High Point Ranch

      Unimproved 2.91-acre lot in Royse City's High Point Ranch.
      229 Homestead Court, Royse City, TX 75189
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.92 acres of commercial land in a high-growth corridor.
    Where is this commercial land located?
    The property is located at 5901 FM 2642 Royse City, TX.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: **Prime 4.92 acres of commercial land** in a rapidly expanding growth corridor.; Excellent proximity to I‑30 (0.7 miles) for quick regional access.; Near the future H‑E‑B and planned Home Depot developments.
    (945) 225-7211
    We can help!
    Listing Contact
    Delena Helton
    Real Estate License ID: 0630305
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!