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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

113 Cook St Royse City, TX 75189

0.5 ac lot Built 1955
Property ID
Property summary
AI-generated overview

This exceptional 0.5-acre commercial property in Royse City, Texas, presents a compelling investment opportunity. Located at 113 E Cook St, in Collin County (zip code 75189), this property boasts a prime location, only seven miles from I-30 and seventeen miles from Rockwall and Lake Ray Hubbard. Built in 1955, the existing structure on the site offers potential for conversion into retail or office space, providing immediate income potential or a foundation for new construction. The property is already zoned commercial, eliminating pre-development hurdles. Royse City's remarkable population growth, exceeding 225% between 2020 and 2022, underscores the area's significant economic expansion. This growth is further fueled by planned expansions of FM 6 (Cook St.) and the city's comprehensive development plan. This presents a rare chance to capitalize on the burgeoning commercial sector of a rapidly expanding Texas community. The asking price is $570,000. This is an ideal investment for entrepreneurs seeking to establish a business or investors looking for strong returns in a high-growth market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1955
Lot 0.5 ac (21,780 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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