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00 Interstate 30 - Zoned Multifamily Site | 8.4+/- Acres | Royse 8.4 Acres of Commercial Land Offered at $3,900,000 in Royse City, TX 75189
Investment Highlights
- Strategically located in Royse City along the I-30 corridor between downtown Rockwall (13 miles west) and downtown Greenville (14 miles east).
- Situated approximately 34 miles from downtown Dallas with direct access via Interstate 30.
- The Site is also excluded from the I-30 overlay district, exempting a future developer from stricter design and landscape standards.
- Surrounded by rapidly expanding retail infrastructure along the I-30 corridor including Walmart, Lowe’s, CVS, and Chili’s.
- The Site is zoned MF-2 through a Planned Development. MF-2 zoning allows for a maximum density of 24 units per acre.
- Site is labeled as a DDA “Difficult Development Area” within the HUD census map.
Executive Summary
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase an 8.429+/- acre zoned multifamily site situated along Interstate 30 in Royse City, TX (the “Site”). The Site is zoned MF-2 through a Planned Development allowing for a maximum density of 24 units per acre (202+/- units maximum).
With approximately 1,100 feet of frontage along Interstate 30, the Site lies in an unparalleled location in terms of accessibility and visibility. Less than a mile west along I-30 are various community focal points such as Royse City High School and Buc-ee’s. This exceptionally well located and prominent development Site is being offered at $3,900,000 or $19,306 per developable unit.
A co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
With approximately 1,100 feet of frontage along Interstate 30, the Site lies in an unparalleled location in terms of accessibility and visibility. Less than a mile west along I-30 are various community focal points such as Royse City High School and Buc-ee’s. This exceptionally well located and prominent development Site is being offered at $3,900,000 or $19,306 per developable unit.
A co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
Property Facts
| Price | $3,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.40 AC |
| Property Type | Land | ||
| Zoning | MF-2 - Zoned through a PD | ||
| Price | $3,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.40 AC |
| Zoning | MF-2 - Zoned through a PD |
1 Lot Available
Lot
| Price | $3,900,000 | Lot Size | 8.40 AC |
| Price Per AC | $464,285.71 |
| Price | $3,900,000 |
| Price Per AC | $464,285.71 |
| Lot Size | 8.40 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Contacts
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Jordan Cortez -
Mason John -
Will Droese -
Alex Johnson -
Justin Tidwell -
Haley Birmingham -
Reid Pierce -
Tim Marron -
Vanguard Real Estate Advisors
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00 Interstate 30 - Zoned Multifamily Site | 8.4+/- Acres | Royse
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