Office and Showroom
720 E Lamar St Royse City, TX 75189
For Sale
$535,000
Showroom and private office layout with storage, on-site parking, and outdoor area for operational use.
Property Size1,596 SF
Lot Size0.36 Acres
Price / SF$335.21
Days on Market109
Property Features for 720 E Lamar St
General Information
- Standard status
- Active
- Size
- 1,596 SF
- Lot size
- 0.36 Acres
Listing Agency:
M&D CRE, LLC
(972) 772-6025
Listed By:
Barry Luff
(972) 772-6025
Source:
Exprealty
Added: Apr 6
Changed: Jul 23
Last Checked: Jul 23 at 1:41PM
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 M&D CRE, LLC
Investment Insights
Based on property information with market context.
This commercial property includes showroom space, private offices, storage, and an outdoor area suitable for operational use. The site is configured to support a combination of interior workspace and exterior space, with on-site parking included.
Located on E Lamar Street in Royse City, the property offers visibility and convenient access to Interstate 30 for connectivity to the greater East Dallas-Fort Worth area.
An adjacent parcel at 813 E Lamar Street may also be available, which could allow for expansion of the overall site size; contact the listing agent for additional details. The property is described as suitable for a range of commercial uses, including office, retail, and service-based businesses, or owner-user occupancy.
Located on E Lamar Street in Royse City, the property offers visibility and convenient access to Interstate 30 for connectivity to the greater East Dallas-Fort Worth area.
An adjacent parcel at 813 E Lamar Street may also be available, which could allow for expansion of the overall site size; contact the listing agent for additional details. The property is described as suitable for a range of commercial uses, including office, retail, and service-based businesses, or owner-user occupancy.
Key Highlights
- Commercial property at 720 E Lamar Street, Royse City, TX with approx. 1,596 SF on 0.36 acres
- Functional interior layout with showroom space, private offices, and storage
- Includes on‑site parking plus an outdoor area suitable for operational use
Financial Insights For Office B
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 | $49.0k | $30.72 |
| − Vacancy | −$13.4k | −$8.42 |
| EGI | $35.6k | $22.30 |
| − OpEx | −$8.9k | −$5.58 |
| NOI | $26.7k | $16.73 |
1,596 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$381.4K
$333.7K – $444.9K
NOI $26,696 @ 7.0% cap · market cap 4.99%
Second Best
Retail
$378.4K
$331.1K – $441.5K
NOI $26,491 @ 7.0% cap · market cap 4.95%
Theoretical Best
Hotel Hospitality
$1.20M
$1.05M – $1.40M
NOI $84,149 @ 7.0% cap · market cap 15.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Showroom and private office layout with storage, on-site parking, and outdoor area for operational use.
Where is this office units located?
The property is located at 720 E Lamar St Royse City, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Commercial property at 720 E Lamar Street, Royse City, TX with approx. 1,596 SF on 0.36 acres; Functional interior layout with showroom space, private offices, and storage; Includes on‑site parking plus an outdoor area suitable for operational use
