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    1230 Memorial Pkwy Royse City, TX

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    For Lease
    Contact for pricing

    New construction retail and restaurant space with drive-thru.

    Property size:
    6,231 SF
    Lot size:
    11.73 Acres

    Property Features for 1230 Memorial Pkwy

    General Information

    Size
    6,231 SF
    Lot size
    11.73 Acres

    Source: Falcon Companies Agent Sean Lockovich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Retail Space Available

    This property offers space suitable for restaurants and retail purposes, including drive-through restaurants. Up to 3,700 square feet is available for a dine-in restaurant. The property, with a total size of 6,231 square feet, is a new construction project shadow-anchored by Brookshire’s Fresh Grocery and adjacent to Taco Bell. Delivery is expected in Q4 2025.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Chris Tacos & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.3324817
    Latitude
    32.9751204

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    FAQs

    What type of property is this?
    Restaurant - New construction retail and restaurant space with drive-thru.
    Where is this restaurant located?
    The property is located at 1230 Memorial Pkwy Royse City, TX.
    What are key features of this property?
    This property features: - Drive-Thru Available; - Up to 3,700 SF for dine-in restaurant; - New construction shadow anchored by Brookshire’s Fresh Grocery
    (972) 866-4998
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    Realmo Value Estimation

    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.

    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.

    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
    1230 Memorial Pkwy Royse City, TX
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