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Property profile & analytics
OFF-MARKET
Warehouses

501 Pearl St Royse City, TX 75189

1,200 SF 0.25 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This 1,200 square foot warehouse, located at 501 Pearl Street in Royse City, Texas, presents a unique investment opportunity. Built in 1985, this single-story building boasts 11 to 14-foot ceilings and features large bay doors, ideal for various uses. Currently zoned SF-1 (Residential), the property offers significant potential for redevelopment or repurposing. The asking price is $260,000, translating to $216.67 per square foot. The 0.25-acre lot provides ample space for expansion or additional development. The existing structure includes electrical service, making it suitable for a workshop or similar use. Buyers are responsible for conducting due diligence and any necessary rezoning to accommodate their intended use. This property is situated in Rockwall County, Texas, with the zip code 75189. The property's APN is 000000020094. This versatile property is perfect for those seeking a hobbyist space with expansion potential.

Property profile
Verified
Property type Warehouses
Year built 1985
Total area 1,200 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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