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Property profile

2648 Co Rd Royse City, TX 75189

OFF-MARKET
Land
10 ac lot

Property summary

AI-generated overview

This exceptional 10-acre property presents a unique investment opportunity in the rapidly expanding Royse City, Texas area. Located just one mile from Interstate 30, this raw, leveled land boasts an unparalleled location at the corner of County Road 2648 and County Road 2649, experiencing over 13,487 vehicles per day in the immediate vicinity. Situated outside city limits, this unzoned land offers remarkable flexibility for a wide range of commercial and residential uses. The property's key features include readily available city water and electric services, making it ideal for immediate development. Given its size and strategic location, the property is well-suited for subdivision, with options available for both sale and lease, including the possibility of ground leases. This prime location, combined with its accessibility and infrastructure, makes this 10-acre tract an exceptional investment prospect with significant potential for future growth and return. The property is located in Rockwall County, Texas, with a zip code of 75189.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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