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Investment Highlights

  • 390 ft of frontage on I-30
  • For a complete list of all available properties, please visit www.ridgepcre.com
  • Close to Walmart Supercenter & Tractor Supply

Executive Summary

Opportunity to acquire 46.77 acres of commercial land in the high-growth submarket of Royse City, Texas, ideally positioned for a commercial development.
While the majority of this property is located within the floodplain, approximately 4.5 acres of valuable frontage is situated along the front of the existing apartment community, which offers excellent potential for a variety of commercial development opportunities.
In addition to its immediate development potential, the property may offer long-term strategic value. The planned Collin County Outer Loop, a proposed 55-mile, multi-modal transportation corridor, is anticipated to traverse this area. If the project is constructed as currently planned, portions of the property could potentially be acquired through the eminent domain process, subject to final route alignment, governmental approvals, and future project implementation. This combination of current commercial development potential and possible future infrastructure-related value creates a unique investment opportunity.
This site is strategically located near established national retailers like a Walmart Supercenter and Tractor Supply, confirming the area's strong retail demand and existing commercial viability. Royse City is one of the fastest-growing communities in Texas, with an annual growth rate of nearly 9%.

Property Facts

Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Neighborhood Center
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 46.77 AC
Zoning Commercial, Retail - Commercial (CR 2) Offering flexibilty. Excellent location to serve not only the residents at 'The Royse' but all of Royse City.

1 Lot Available

Lot

Lot Size 46.77 AC

Commercial land located directly at the entrance of "The Royse" apartment complex.

Description

Currently zoned Commercial (CR 2), this versatile land offers the flexibility and scale required to execute a flagship vision in one of the fastest-growing sectors of North Texas. For a complete list of all available properties, please visit www.ridgepcre.com

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
12182
Land Assessment
$451,258
Improvements Assessment
$0
Total Assessment
$451,258
  • Listing ID: 19983046

  • Date on Market: 5/11/2018

  • Last Updated:

  • Address: Interstate 30, Royse City, TX 75189

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