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    305 N Josephine St Royse City, TX 75189

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    For Sale
    Contact for pricing

    Portfolio of land and buildings with commercial and residential zoning.

    Lot size:
    2.55 Acres

    Property Features for 305 N Josephine St

    General Information

    Lot size
    2.55 Acres

    Source: Ridge Pointe Commercial Real Estate Agent David English

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

    Overview

    Mixed-Use Land and Building Portfolio

    This portfolio includes multiple properties with a mix of commercial and residential zoning. The properties at 305 N JOSEPHINE ST feature a 5,466 RSF church building on 0.46 acres, zoned SF2. Additional properties include 200 PLUM ST, a 17,500 RSF warehouse on 0.88 acres, and 305 CHURCH ST, a 0.60-acre lot. Both are zoned C-1 Commercial and located within the Heritage Overlay District. Also included is 305 PLUM ST, a 0.30-acre lot zoned C-1 Commercial and within the Heritage Overlay District. Finally, 308 N JOSEPHINE ST is a 0.30-acre triangular-shaped lot zoned C-1 Commercial, located outside the Heritage Overlay District.
    Insight Report Location Intelligence

    Current Use by Public Records

    Royse City Boy ... Youth Organization

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.3288653
    Latitude
    32.9767724

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    FAQs

    What type of property is this?
    Commercial land - Portfolio of land and buildings with commercial and residential zoning.
    Where is this commercial land located?
    The property is located at 305 N Josephine St Royse City, TX.
    What are key features of this property?
    This property features: - Portfolio includes a **17,500 RSF warehouse on 0.88 acres** zoned C-1 Commercial.; - Portfolio includes a 5,466 RSF church building on 0.46 acres.; - Multiple properties zoned C-1 Commercial, offering diverse development opportunities.
    (214) 676-6424
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    305 N Josephine St Royse City, TX 75189
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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
    305 N Josephine St Royse City, TX 75189
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