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Property profile & analytics
OFF-MARKET
Distribution centers

200 Sorrells Rd Royse City, TX 75189

4,064 SF
Property ID
US82-2628860
Property summary
AI-generated overview

This exceptional commercial property in Royse City, Texas, presents a unique investment opportunity. Situated on a prominent 5-acre-plus corner lot at 200 N Sorrells Road, this property boasts 420 feet of frontage on Highway 66 and 565 feet on Sorrells Road, ensuring high visibility and accessibility. The location offers convenient access to I-30, downtown Royse City, and downtown Fate. The property includes a 4,064 square foot warehouse and a substantial existing structure. This 2,264 square foot updated home features four bedrooms, three baths, and two living areas. Additionally, there's an 1800 square foot shop with a 600 square foot studio apartment or office, complete with a full bath. Currently zoned residential, rezoning is the responsibility of the buyer. The seller is open to subdividing the land; a preliminary development plat is available. The property is proposed for commercial and/or industrial mixed use, and its proximity to a proposed outer loop (verification required by the buyer) further enhances its potential. The asking price is $799,000. Direct entrance is off Sorrells Road, with the property facing Highway 66. The seller will consider subdividing and selling the front 3 acres, which would include the house but not the shop.

Property profile
Verified
Property type Distribution centers
Total area 4,064 SF
UPID US82-2628860
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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