6684 Tx-276 Royse City, TX 75189
This exceptional 8,780-square-foot flex building presents a compelling investment opportunity in the thriving Royse City, Texas market. Located on 1.56 acres at 6684 TX-276, this 2009-built property boasts highway frontage on Highway 276, just east of County Road 2584, providing excellent visibility and accessibility. The building features approximately 2,200 square feet of office space and 6,580 square feet of warehouse space, offering a versatile 75/25 warehouse-to-office ratio. Clear heights reach up to 28 feet, allowing for flexible warehouse usage. Six grade-level doors ensure efficient loading and unloading. The property includes a security fence and ample paved land ideal for outdoor storage or future expansion. Originally designed for one or two tenants, the space can easily be divided with a demising wall. The asking price is $1,645,000, translating to $187.36 per square foot. This vacant property is perfect for an owner-occupier or investor seeking to capitalize on the area's strong market fundamentals. The submarket boasts a 92% occupancy rate, indicating limited supply in a high-growth area with a population exceeding 87,000 within a 10-mile radius and an average household income over $113,000. This prime location and versatile building offer significant potential for return on investment.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.