$725,000

520 E Interstate 30

Royse City TX, 75189

Description

See Transaction Desk for Property Flyer - M&D Commercial is pleased to offer this opportunity to acquire 520 E I30, Royse City. A 2,000 SF investment property, 100% tenant occupied, located on 0.45 acres, and in the growing market of Royse City. With a 2019 NOI of $50,400 and a 2019 acquisition CAP rate of +7%. TxDOT has signed off on a $77 Billion plan which includes widening Interstate 30 near the site from four lanes to six lanes in the next 10 years. The property has excellent visibility being located on Interstate 30 with good traffic generators of over 50,000 VPD. Excellent location in fast growing retail and residential market.

Details

MLS#14412652
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site75

Features

SQ Feet2,000
Story(s)1
Units1
ZoningCom

Market Activity 75189

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Area Information
StateTX
CountyRockwall
CityRoyse City
Zip Code75189
AreaROCKWALL COUNTY (34)
Listing VS Median (in 75189)
Price:
$725,000
low | high
Med:
$270,048
100% of Average
SqFt:
2,000
low | high
Med:
1,802
59.9% of Average
$ / SqFt:
$363
low | high
Med:
$150
100% of Average
On Site:
75
low | high
Med:
75
100% of Average
Listing Updated: 10/26/2020
Danny Perez LogoMLS Number: 14412652
Listing Provided By:
Danny Perez  of  Keller Williams Rockwall

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.