Updated Executive
For Sale
Contact for pricing
118 E Main Street #100, Royse City, TX 75189
The office faces Main Street and includes a break room and bathrooms.
Property Size157 SF
Price / SF$4.78
Days on Market94
Property Features for 118 E Main Street #100
General Information
Standard status
Active
Size
157 SF
Property subtype
Office
Amenities
break room
bathrooms
Building Details
Year Built
1920
Listing Agency:
Apex Property Management
(972) 755-8901
Listed By:
Keith Hendricks · License #471480
(972) 926-6969
Source:
Lonestarluxuryrealty
Added: Aug 2
Changed: Nov 2
Last Checked: Nov 1 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apex Property Management
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This executive office at 118 E Main Street Unit 100 offers a recently refreshed interior for a professional business setting. New flooring and contemporary paint create an updated presentation, while the space includes a break room and bathrooms for daily use.
The office faces Main Street in Royse City, Texas, providing a street-facing presence for businesses seeking an address on the city’s main commercial corridor. The building dates to 1920, combining an established property setting with a renovated interior.
The office faces Main Street in Royse City, Texas, providing a street-facing presence for businesses seeking an address on the city’s main commercial corridor. The building dates to 1920, combining an established property setting with a renovated interior.
Key Highlights
- Street‑facing office at 118 E Main Street Unit 100
- Recently installed flooring and contemporary interior paint
- Break room included within the office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,626
Suggested Prices Based on Cap Rates
Cap Rate 5%
$52,520
$52.5K
Cap Rate 7%
$37,514
$37.5K
Cap Rate 9%
$29,178
$29.2K
Market Conditions
NOI Build-Up for 157 SF
Gross rent
$4.8K $30.72/SF
− Vacancy
−$1.3K −$8.42/SF
EGI
$3.5K $22.30/SF
− OpEx
−$875 −$5.58/SF
NOI
$2.6K $16.73/SF
Area
Rockwall County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$52,520
Cap Rate 7%
$37,514
Cap Rate 9%
$29,178
Alternative Uses
Best Use
Office B
$37.5K
$32.8K – $43.8K
NOI $2,626 @ 7.0% cap · market cap 350.13%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$118.3K
$103.5K – $138.0K
NOI $8,278 @ 7.0% cap · market cap 1,103.73%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 75189, TX
37,777
Population
15,331
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
344
Density / Sq Mi
$118,105
Median Household Income
$56,979
Median Earnings
$2,133
Median Rent
$336,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The office faces Main Street and includes a break room and bathrooms.
Where is this office unit located?
The property is located at 118 E Main Street #100 Royse City, TX.
What are key features of this property?
This property features: Street‑facing office at 118 E Main Street Unit 100; Recently installed flooring and contemporary interior paint; Break room included within the office
