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    Tx-276 Royse City, TX 75189

    For Sale
    $1,800,000

    High-traffic corner lot, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2+ acre commercial land parcel presents a remarkable investment opportunity in the thriving Royse City area of Rockwall County, Texas. Located on the hard corner of State Highway 276 and FM 548, this unzoned property boasts significant visibility and accessibility. With daily traffic counts of 13,599 on SH 276 (2022 data) and 7,427 on FM 548 (2023 data), this site offers unparalleled exposure for a variety of commercial ventures. The property's location outside city limits, within the Rockwall ETJ (Extra Territorial Jurisdiction), provides flexibility in development options. Potential uses include mixed-use commercial, light industrial, or industrial developments, subject to county approvals. The asking price is $1,800,000. While this listing focuses on the 2+ acre parcel, please note that a larger 10+ acre tract is also available. All information should be independently verified by the buyer.

    Property Features for 0 Tx-276

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2+ acre commercial land parcel in Royse City, Rockwall County, TX.
    • High‑traffic corner location at SH 276 & FM 548 (13,599 & 7,427 daily traffic counts, respectively).
    • Unzoned, located within Rockwall ETJ, offering flexible development options (mixed‑use, light industrial, or industrial).
    • $1,800,000 asking price; larger 10+ acre tract also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.339582972942
    Latitude
    32.899767847838

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, development potential.
    Where is this land located?
    The property is located at Tx-276 Royse City, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 2+ acre commercial land parcel in Royse City, Rockwall County, TX.; High-traffic corner location at SH 276 & FM 548 (13,599 & 7,427 daily traffic counts, respectively).; Unzoned, located within Rockwall ETJ, offering flexible development options (mixed-use, light industrial, or industrial).
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    Tx-276 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
    Tx-276 Royse City, TX 75189
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