Industrial Warehouses on Fenced
For Sale
$1,950,000
5882 State Highway 276, Royse City, TX 75189
Two industrial warehouse buildings on 1.49 fenced acres.
Property Size12,020 SF
Lot Size1.49 Acres
Price / SF$162.23
Days on Market101
Property Features for 5882 State Highway 276
General Information
Standard status
Active
Size
12,020 SF
Lot size
1.49 Acres
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Janet Ortega · License #0837570
(469) 360-1001
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 4:26PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
The property features two industrial warehouse buildings, constructed in 2004 and 2021, totaling approximately 12,020 square feet of gross building area on 1.49 fenced acres. The buildings are of Class S metal frame siding, with a brick fascia on the front building. Located on the north side of State Highway 276, southeast of Rockwall and south of Royce City, the property is situated in an unincorporated area outside the city limits of Rockwall and Royce City in Rockwall County, which does not have an official zoning ordinance. Building A, constructed in 2004, includes three oversized garage doors suitable for RVs, an attached reception area, three offices, and two bathrooms with a shower and laundry area. Building B, constructed in 2021, has two oversized garage doors and is currently used as a storage warehouse.
Key Highlights
- Two industrial warehouse buildings totaling approximately 12,020 sq ft on 1.49 acres
- Building B constructed in 2021, offering modern warehouse space
- Located outside city limits of Rockwall and Royce City in Rockwall County with no official zoning ordinance
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.1k | $8.16 |
| − Vacancy | −$8.6k | −$0.72 |
| EGI | $89.5k | $7.44 |
| − OpEx | −$13.4k | −$1.12 |
| NOI | $76.0k | $6.33 |
12,020 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$950.4K – $1.27M
NOI $76,034 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$894.5K
$782.7K – $1.04M
NOI $62,616 @ 7.0% cap · market cap 3.21%
Theoretical Best
Hotel Hospitality
$9.05M
$7.92M – $10.56M
NOI $633,755 @ 7.0% cap · market cap 32.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Adventure Boat and RV Storage, LLC — 6458 TX-276 West, Royse City, TX 75189
- County Line Storage Co. — 6453 TX-276, Royse City, TX 75189
Frequently Asked Questions
What type of property is this?
Warehouse - Two industrial warehouse buildings on 1.49 fenced acres.
Where is this warehouse located?
The property is located at 5882 State Highway 276 Royse City, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two industrial warehouse buildings totaling approximately 12,020 sq ft on 1.49 acres; Building B constructed in 2021, offering modern warehouse space; Located outside city limits of Rockwall and Royce City in Rockwall County with no official zoning ordinance
