www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28281183
28281200

Interstate 30 at FM 2642 - Lot 9 multifamily, Royse City, TX 75189 For Sale

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP
$6,900,000
1839 days on market
Updated 26 days ago

Royse City Town Center - Lot 9 (multifamily)

Details
Property Type Multifamily
Sub Type Apartment Building, multifamily
Square Footage 421,228
Units 421
Price per SqFt $16
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 2
Stories 5
Acreage 6.770
Zoning C2 (Commercial - rezoning pending)

Royse City Town Center Lot 9 - Multifamily Land Site on 6.77 ac | 421 units

Marketing description

Royse City Town Center is a 455,000+ square-foot commercial/proposed luxury multifamily, 15-acre development located 35 minutes east of downtown Dallas. This is a deed-restricted, thematic development that articulates the modern farmhouse style.

In the past decade, the town was ranked forty-eighth among 1,800 Texas communities for fastest population expansion. Royse City is strategically positioned in a commercial void between downtown Rockwall, 13 miles west, and downtown Greenville, 17 miles east. Royse City Town Center will fill a commercial void with a trade area extending six miles south; two miles west; six miles east, half the distance to Greenville; and six miles north, half the distance to US three-eighty. The regions’ absence of transportation access and infrastructure has created high barriers to entry for commercial development within this region.

The Town Center is located at the southeast corner of Interstate 30 and FM 2642. FM 2642 is a 4-lane thoroughfare recently upgraded. County Road 2515 (Shaw Drive) on the south border will be upgraded to an undivided 4-lane road with a traffic signal at FM 2642. The southeast corner offers easy access from FM 2642 northbound morning traffic, and unrestricted access from Interstate 30 eastbound evening traffic. FM 2642 facilitates transportation to several thousand residential lots planned or under construction within one mile of the Town Center.

This property offers a city-approved signage variance that exceeds the town’s ordinances, offering retailers a rare opportunity for greater signage presence and brand recognition. The property maintains ag exemptions and will be zoned commercial, consistent with the city’s land use plan. Three-phase electric and all wet utilities with adequate capacity have been installed on site. Unobstructed visibility from the Interstate 30 overpass makes this location ideal for drug stores; fuel operations; minor automotive repair; drive through and sit-down restaurants; banks; retail and professional services; and anchored retail. Multi-tenant retail space is available for prelease with construction to commence 2026. For more information, contact Stephen Schattner 972.385.1907 ext 301

  • This is land only sale on Lot 9

  • Seller is providing all utilities, off site detention, fire lanes, rough grade (true shovel-ready)

  • Sale will be conditioned on zoning approval forthcoming

  • Plans are currently being completed

  • Class A+ build only

  • 5 story only / high density

  • Pad site sales underway on frontage to national tenants

  • Multi tenant retail underway on frontage to regional and local tenants

  • No other multifamily nearby and no other multifamily projected to be approved by city

  • Est. $7.1+ million annual revenue

  • Plans, due diligence, engineering can be acquired separately with land sale

Investment highlights

  • Royse City is leading growth market in Texas

  • Outside the front door from Buc-ee's - Royse City's highest grossing business

  • Exceptional visibility for all exiting traffic from Buc-ee's

  • Morning traffic side of FM 2642

  • Huge visibility from Interstate 30

  • Highest residential density and future growth in Royse City is at this intersection (due to main sewer line that is driving growth in this section of the city)

  • Class-A+++, deed restricted, thematic development (modern farmhouse)

  • Highest traffic counts in Royse City is at this intersection and will continue to grow exponentially

  • Proposed 400+ multifamily unit planned on Lot 9

  • FM 2642 has been improved to 4-lanes

  • Future traffic signal at FM 2642 / CR 2515 (Shaw Drive)

  • CR 2515 (Shaw Drive) now on schedule to be improved to serve Bearpen development (major residential) immediately east

  • Commercial zoning in place

  • Civil construction drawings underway

  • Building construction plans underway

  • All utilities

  • Shortage of retail and restaurant services in this section of the city

  • Royse City High School (soon to be 6A) is off-campus - ideal for most restaurants

Listing Contacts

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stephen Schattner
License
TX 0502217
Brokerage
Imperium Brokerage Services, LLC
Brokerage Phone
9723851907
Brokerage Address
5851 Legacy Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591