Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8737 Co Rd Royse City, TX 75189
    Back to Search
    Property profile & analytics

    8737 Co Rd, Royse City, TX 75189

    View on Map
    • Self storage facilities
    • 6,000 SF
    • 3.42 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Self storage facilities

    Property Details for 8737 Co Rd

    Year built
    2000
    Lot size
    3.42 lot acres
    Property type
    Self storage facilities

    Description

    This exceptional self-storage facility presents a lucrative investment opportunity. Located in Royse City ETJ, Hunt County, Texas, at 8737 Co Rd 2580, zip code 75189, this single-story property boasts 6,000 square feet and sits on a spacious 3.42-acre lot. Built in 2000, the facility currently houses 35 individual storage units and is currently operating at 100% occupancy. The property is zoned for self-storage within the Royse City ETJ (Extra Territorial Jurisdiction), offering flexibility and potential for future expansion. Convenient access is provided via a driveway off County Road 2580, with County Road 2584 (off State Highway 276) offering easy trailer access to the rear of the property. The current owner has not yet established an online presence for the facility, presenting a significant opportunity to increase visibility and potentially further enhance occupancy rates through national online marketing strategies. This turnkey operation offers immediate income generation and substantial growth potential for a savvy investor. The property's location and current high occupancy rate make it an attractive investment with strong potential for long-term returns. The sale is offered as a For Sale By Owner transaction.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Hunt
    State
    Texas
    Longitude
    -96.2685
    Latitude
    32.9168

    Comparable in this City

    • Value Estimation
      $1,615,000
      72,792 SF

      6458 State Hwy 276

      MINI-WAREHOUSE, STORAGE
      6458 State Hwy 276, Royse City, TX 75189-5937
      View Details
    • Value Estimation by Request
      15.10 Acres

      6458 Tx-276

      Self storage facilities
      6458 Tx-276, Royse City, TX 75189
      View Details
    • Value Estimation by Request
      47,998 SF

      111 Green Cir

      Distribution properties
      111 Green Cir, Royse City, TX 75189
      View Details
    • Value Estimation by Request
      217,800 SF

      251 Fm 1138

      Distribution properties
      251 Fm 1138, Royse City, TX 75189
      View Details
    • Value Estimation by Request
      4,064 SF

      200 Sorrells Rd

      Distribution properties
      200 Sorrells Rd, Royse City, TX 75189
      View Details
    • Value Estimation by Request
      12,375 SF

      1021 Industrial Dr

      MANUFACTURING (LIGHT)
      1021 Industrial Dr, Royse City, TX 75189-5409
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,020 SF

      Industrial Warehouses on Fenced Acres

      Two industrial warehouse buildings on 1.49 fenced acres.
      5882 State Highway 276, Royse City, TX 75189
      View Details
    • Contact for pricing
      38,285 SF

      Industrial Investment Opportunity in Royse

      38,285 SF industrial property in Royse City, Texas.
      1121 Industrial Dr, Royse City, TX 75189
      View Details
    • Contact for pricing
      2,000 SF

      Versatile Commercial Property on I30

      2000 SF metal building with high visibility on I30.
      6000 W Interstate 30, Fate, TX 75189
      View Details
    • $1,190,000
      1.50 Acres

      Warehouse with Office & Storage

      Fully fenced warehouse with offices, conference space, and extended concrete for practical loading and storage flexibility.
      251 Southern Dr, Royse City, TX 75189
      View Details
    • Contact for pricing
      38,285 SF

      Royse City Industrial Property

      Multi-building industrial property on 1.84 acres in Royse City.
      1121 Industrial Dr, Royse City, TX 75189
      View Details
    • Contact for pricing
      19,842 SF

      Modern Flex Warehouse Facility

      19,842 SF flex warehouse with office space for sale.
      3925 Ruger Dr, Royse City, TX 75189
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Royse City Flex/Industrial Space

      2,800 SF flex/industrial space available for lease.
      5504 County Road 2646, Royse City, TX 75189
      View Details
    • Contact for pricing
      8,600 SF

      Versatile Flex Space in Royse City

      8,600 SF flex space with warehouse and office/showroom areas.
      4752 State Highway 276 W, Royse City, TX 75189
      View Details
    • New
      $15 SF/Yr
      65,776 SF

      New Industrial Warehouse Facility

      Newly constructed metal warehouse with functional space, restrooms, and ample parking for distribution, storage, and light industrial use.
      2833 Winchester Dr, Rockwall, TX 75189
      View Details
    • Contact for pricing
      6,231 SF

      Restaurant and Retail Space Available

      New construction retail and restaurant space with drive-thru.
      1230 Memorial Pkwy, Royse City, TX 75189
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease at 1210 Memorial Pkwy, Royse City, TX.
      1210 Memorial Pkwy, Royse City, TX 75189
      View Details
    • Contact for pricing

      Retail Development Opportunity Near I-30

      Retail spaces available near Lowe's and Walmart in Royse City.
      672 I-30 Frontage Rd, Royse City, TX 75189
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8737 Co Rd
    Royse City, TX 75189
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8737 Co Rd, Royse City, TX, 75189
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!