409 Hwy Royse City, TX 75189
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 409 Hwy
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 6-acre commercial land parcel presents a remarkable retail and/or medical office development opportunity in the rapidly expanding Royse City, Texas market. Located at 409 S Hwy 548, Royse City, TX 75189, this property boasts a highly desirable location less than a mile from I-30, providing unparalleled access and visibility. The land is zoned for commercial use and is ideal for 1-acre pad sites, catering to a variety of development plans. Situated approximately 20 minutes from both Rockwall and Greenville, this location benefits from a strong regional draw. The property is surrounded by hundreds of newly constructed homes, ensuring a robust and growing customer base. While the property is situated in a floodplain, a small driveway easement allows access to additional acreage at the rear. Land and construction financing options are available, making this an attractive investment opportunity for developers seeking a prime location in a thriving market. The land value is $11.50 per square foot. The lot size is between 1 and 6 acres.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Royse City
- County
- Rockwall
- State
- Texas
- Longitude
- -96.3344
- Latitude
- 32.9615
