I-30 & Fm 2642 Royse City, TX 75189
Two exceptional commercial land tracts are available at the northeast quadrant of I-30 and FM 2642 in Royse City, Texas, zip code 75189. This offering comprises a 1.007-acre tract and a larger 3.505-acre tract, ideally situated at a high-traffic intersection within Rockwall County. Royse City is experiencing rapid growth as a suburb of the Dallas-Fort Worth metroplex, exhibiting strong demographics and population projections. The property's strategic location near Royse City High School (2,048 students) ensures high daytime traffic. Currently zoned AG, the land presents potential for commercial zoning, enhancing its versatility and investment appeal. The site benefits from exceptional visibility and accessibility due to its proximity to major roadways: I-30 (71,815 vehicles per day) and FM 2642 (4,313 vehicles per day). This presents a rare opportunity to capitalize on the burgeoning growth of Royse City and its strategic location within the DFW metroplex. The tracts offer significant potential for various commercial developments, making them an attractive investment for discerning buyers.
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.