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    276 Swc Of Fm-548 & Hwy Royse City, TX 75189

    For Sale
    Contact for pricing

    Prime Commercial Land, High-Traffic Intersection

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.596-acre commercial land parcel presents a unique investment opportunity in Royse City, Texas. Situated at the southwest corner of FM-548 and Highway 276, this hard corner lot benefits from a signalized intersection ensuring high visibility and accessibility. The property is located outside the city's extraterritorial jurisdiction (ETJ), offering potential flexibility in development. With a total area of approximately 69,534 square feet, this site is ideally suited for a variety of commercial uses. The location offers significant advantages, being approximately 15 miles south of Interstate 30, providing convenient access to major transportation routes. Market analysis projects a robust 5.09% annual growth rate within a 3-mile radius over the next five years, indicating strong potential for future appreciation. This property is zoned for commercial development and represents a compelling investment in a rapidly growing area of Rockwall County, Texas, with a 75189 zip code. The property's strategic location and projected growth make it an attractive option for developers and investors seeking a high-impact commercial development site. Serious inquiries are encouraged.

    Property Features for 276 Swc Of Fm-548 & Hwy

    General Information

    Property type
    Land
    Lot Size
    69,522 SF

    HighLights

    • Hard corner lot at signalized intersection of FM‑548 and Highway 276.
    • Located outside Royse City ETJ.
    • Projected 5.09% annual growth within a 3‑mile radius over the next 5 years.
    • Approximately 15 miles south of I‑30.
    • ±1.596 acres (69,534 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.3399088
    Latitude
    32.8997298

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High-Traffic Intersection
    Where is this land located?
    The property is located at 276 Swc Of Fm-548 & Hwy Royse City, TX.
    What are key features of this property?
    This property features: Hard corner lot at signalized intersection of FM-548 and Highway 276.; Located outside Royse City ETJ.; Projected 5.09% annual growth within a 3-mile radius over the next 5 years.
    (972) 961-8532
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    276 Swc Of Fm-548 & Hwy 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
    276 Swc Of Fm-548 & Hwy Royse City, TX 75189
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