501 Pearl St Royse City, TX 75189
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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