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130 Main st
Royse City, TX 75189

Land For Sale · 0.51 AC

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Investment Highlights

Commercial lot with street frontage on 3 sides offers multipal developent opportunities.
Growing market place with increasing population and activities.

Zoning and utilities are in place as is an existing building & tenant.

Executive Summary

Royse City downtown in North of Interstate 30 via Elm Street and is about 30 miles East of downtown Dallas. Introduce your clients looking for redevelopment Texas locations and who are interested in historical and growing locations to invest and develop an exciting new property. Remodeling and updating of local commercial facilities is bringing tenants and businesses that have been attracting and increasing daily traffic as well as business activities.
The existing building on site is rented to a dry cleaners business who operates a dropoff and pickup business, not processing, "NO Chemicals" are on-site.
They are a longtern tenant for 8-10 years whoc is month to month paying $1,200 rent per month.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Office Mixed Use Loft or Creative Space Storefront, Retail or Office
Property Type	Land	Total Lot Size	0.51 AC

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Loft or Creative Space Storefront, Retail or Office
Total Lot Size	0.51 AC

1 Lot Available

Lot 4

Price	$1,147,765 CAD	Lot Size	0.51 AC
Price Per AC	$2,250,520 CAD

Price	$1,147,765 CAD
Price Per AC	$2,250,520 CAD
Lot Size	0.51 AC

Subject property is located within the CBD of Royse City in the West side of downtown at the NEC of Main and Houston Street. The property also has frontage on Burton St. The property has the address of 130 and 140 W. Main Street.

Description

The subject property being located in downtown Royse City offers redevelopment opportunities, but the existing building is rented month to month to a dry cleaners business. The business is a dropoff and pickup operation and does not use cleaning chemicales on site. Frontage on 3 streets add up to 460 feet with the ability to develop a multi story structure offering mixed use of retail or office and lofts. The downtown business district has been very popular with new busisnesses and commerce activities. The owners have a certified appraisal at $850,000.

PROPERTY TAXES

Parcel Numbers	Multiple 14673 14674	Improvements Assessment	$155,780 CAD
Land Assessment	$154,819 CAD	Total Assessment	$310,599 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

14673
14674

Land Assessment

$154,819 CAD

Improvements Assessment

$155,780 CAD

Total Assessment

$310,599 CAD

zoning

Zoning Code	C1 Commercial (C1 Commercial)
C1 Commercial (C1 Commercial)

Listing ID: 34135065
Date on Market: 2024-12-09
Last Updated:
Address: 130 Main st, Royse City, TX 75189

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