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    OFF-MARKET
    Land

    0 Fm 1565, Royse City, TX 75189

    55.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 55.854-acre land parcel in Royse City, Texas, presents a remarkable development opportunity. Located on FM 1565, this property boasts approximately 0.2 miles of frontage, providing exceptional visibility and convenient access. Its strategic location offers direct access to Highway I-30 within half a mile, ensuring seamless connectivity to major transportation routes. The property is only five miles from the Royse City Growth Corridor, providing proximity to amenities and a thriving business environment. Zoned E3, this land is ideally suited for various development projects, including light industrial and multi-family residential. The expansive lot size allows for significant flexibility in design and construction. This is a concept plan only and is not intended for any approvals. The property's APN is 34745 and is located in Rockwall County, zip code 75189. The asking price is $1,954,750. This represents a unique chance to capitalize on the growth and potential of Royse City.

    Property profile
    Verified
    Property type Land
    Lot 55.85 ac (2,433,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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