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    I-30 & Fm 2642 Royse City, TX 75189

    For Sale
    Contact for pricing

    Prime I-30 & FM 2642 location. High-traffic, growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Two exceptional commercial land tracts are available at the northeast quadrant of I-30 and FM 2642 in Royse City, Texas, zip code 75189. This offering comprises a 1.007-acre tract and a larger 3.505-acre tract, ideally situated at a high-traffic intersection within Rockwall County. Royse City is experiencing rapid growth as a suburb of the Dallas-Fort Worth metroplex, exhibiting strong demographics and population projections. The property's strategic location near Royse City High School (2,048 students) ensures high daytime traffic. Currently zoned AG, the land presents potential for commercial zoning, enhancing its versatility and investment appeal. The site benefits from exceptional visibility and accessibility due to its proximity to major roadways: I-30 (71,815 vehicles per day) and FM 2642 (4,313 vehicles per day). This presents a rare opportunity to capitalize on the burgeoning growth of Royse City and its strategic location within the DFW metroplex. The tracts offer significant potential for various commercial developments, making them an attractive investment for discerning buyers.

    Property Features for I-30 & Fm 2642

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • Two adjacent commercial land tracts totaling 4.512 acres available in Royse City, TX (zip code 75189).
    • Located at the high‑traffic intersection of I‑30 and FM 2642 in Rockwall County.
    • Currently zoned AG, with potential for commercial rezoning.
    • High visibility and accessibility due to proximity to I‑30 (71,815 VPD) and FM 2642 (4,313 VPD).
    • Strong demographics and growth potential in the rapidly expanding Royse City area, near Royse City High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.2921561
    Latitude
    32.9891864

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    FAQs

    What type of property is this?
    Land - Prime I-30 & FM 2642 location. High-traffic, growth potential.
    Where is this land located?
    The property is located at I-30 & Fm 2642 Royse City, TX.
    What are key features of this property?
    This property features: Two adjacent commercial land tracts totaling 4.512 acres available in Royse City, TX (zip code 75189).; Located at the high-traffic intersection of I-30 and FM 2642 in Rockwall County.; Currently zoned AG, with potential for commercial rezoning.
    (972) 961-8532
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    I-30 & Fm 2642 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
    I-30 & Fm 2642 Royse City, TX 75189
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