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Investment Highlights

  • Located South of Royse City
  • For a complete list of all available properties please visit www.ridgepcre.com
  • Zoning: C1 (office, retail, and neighborhood service)

Executive Summary

Location: Located just south of downtown Royse City. The site benefits from high visibility with Interstate 30 traffic counts at 83,225 VPD (TXDOT 2021).
Land Size: The property is a vacant land parcel of approximately 31,426 square feet or 0.72 acre. The survey notes that existing homes have been removed.
Zoning: Zoned C1 (office, retail & neighborhood service).
Pricing: Call broker for pricing details.
Demographics: The area exhibits strong demographics with a 2022 population of 4,379 within 1 mile and an average household income of $111,814. The projected population for 2027 within 1 mile is 5,044.
Flood Zone: According to FEMA, a portion of the subject property is situated in a flood zone.

Property Facts Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 0.72 AC
Zoning C1 - Commercial

1 Lot Available

Lot

Lot Size 0.72 AC

Description

An exceptional investment opportunity is available at 214 S. Elm Street, strategically positioned just south of the burgeoning downtown Royse City area in Rockwall County, Texas. This site offers substantial potential for a savvy investor looking to capitalize on rapid local expansion and strong demographic trends. Situated at an easily accessible location, the property benefits from exceptional visibility to Interstate 30, which boasts a high traffic count of 83,225 VPD. The property is zoned C1 (office, retail & neighborhood service), allowing for diverse development options to maximize return on investment. Furthermore, investors can target high-income residents in an area with an average household income exceeding $111,000 within a one-mile radius, where the population is projected to grow significantly by 2027, indicating a robust and expanding customer base. This offering includes 31,426 square feet of valuable land, providing ample space for a variety of commercial ventures. For more information and to view additional available properties, please visit www.ridgepcre.com

Property Taxes

Property Taxes

Parcel Number
86698
Land Assessment
$281,862 CAD
Improvements Assessment
$0 CAD
Total Assessment
$281,862 CAD
  • Listing ID: 27080654

  • Date on Market: 2022-11-09

  • Last Updated:

  • Address: 214 S Elm St, Royse City, TX 75189

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