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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
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
1 Lot Available
Lot
| Lot Size | 0.72 AC |
| 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
| Parcel Number | 86698 | Improvements Assessment | $0 CAD |
| Land Assessment | $281,862 CAD | Total Assessment | $281,862 CAD |
Property Taxes
Presented by
214 S Elm St - DOWNTOWN ROYSE CITY LAND
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