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Property profile & analytics
OFF-MARKET
Land

5901 Fm 2642 Blvd Royse City, TX 75189

5.49 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.49 ac (239,144 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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