5901 Fm 2642 Blvd Royse City, TX 75189
This exceptional 5.49-gross-acre commercial land parcel, boasting 1.54 net acres, presents a remarkable investment opportunity in Royse City, Texas. Strategically located on FM 2642, this property offers significant frontage ideal for high-visibility commercial development. The land is zoned for commercial use, aligning perfectly with the area's robust growth trajectory. With a 13.4% annual population growth rate, Royse City is experiencing a surge in demand for commercial spaces. Adding to its appeal, a 170-acre mixed-use master-planned community is under construction directly adjacent to the northern property line, promising increased foot traffic and synergistic development opportunities. This prime location in Hunt County, Texas, zip code 75189, offers easy access to major transportation routes, ensuring convenient access for businesses and customers alike. The property's size and zoning make it suitable for a wide range of commercial ventures, from retail establishments and restaurants to office buildings and light industrial uses. Don't miss this chance to capitalize on the thriving commercial market in Royse City. This is a rare opportunity to acquire a well-positioned parcel in a rapidly expanding area. The coordinates are 32.991542 latitude and -96.2912532 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.