2642 - Multi Tenant Retail Royse City, TX 75189
This exceptional Class A, multi-tenant retail center in Royse City, Texas, offers 8,258 square feet of space, with 2,745 square feet currently vacant. Located at the southeast corner of Interstate 30 and FM 2642, this property boasts unparalleled visibility and accessibility. The building, constructed and renovated in 2022, features six suites ranging from 1,171 to 2,745 contiguous square feet, perfect for a variety of uses including restaurants, medical offices, automotive services, and other retail businesses. The 1.34-acre lot (58,209 sq ft) includes 84 parking spaces and benefits from a city-approved signage variance exceeding standard ordinances. Three-phase power and all wet utilities are installed. The property is zoned C2-Commercial and enjoys a favorable tax rate of $3 per square foot. Situated in a high-growth area, this location offers significant potential for businesses seeking exposure to a rapidly expanding population. The strategic location, at a key intersection with high traffic volume, provides exceptional access to a large trade area. This property presents a rare opportunity for businesses to establish a strong presence in a thriving East DFW market. The property is in Hunt County, Texas, with a 75189 zip code.
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
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