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Financial
Distress signals
Property profile

1121 Industrial Dr Royse City, TX 75189

FOR SALE
Manufacturing properties
Property ID
US82-3294968
21,160 SF 0.55 ac lot Built 1984
Last sale Aug 2004
Trust Owned Owner of record is a trust. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A light industrial facility totaling 38,285 square feet, located in Royse City, Texas, within the Industrial District. The property includes multiple shop bays with heavy power service and grade-level overhead doors, as well as one loading dock and a separate office building. It is zoned for light industrial use, and the site provides access via Industrial Drive and is located just off Interstate 30 for highway connectivity. The property has been used for plastic manufacturing and is currently configured to support light industrial production and related operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$472
Tax billed · 2019
Assessed value · 2023$510k
Assessed land$72k
Assessed improvement$438k
Effective rate0.09%

Value estimate

· Oct 2026
$695k
$626k – $765k
AI approach$695k
Submarket $/SF estimate$568k
NOI build-up
Gross scheduled income$312k
Vacancy & credit loss−$27k
Operating expenses−$85k
NOI · 12.47% cap applied$199k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
12.47%
$199k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IND
JurisdictionCOLLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.0
HVAC Service9.3
Garden Center8.7

Location

1121 Industrial Dr Royse City, TX 75189
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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