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%.