Description
Exceptional opportunity to acquire this 1.1-acre tract ideally positioned just north of FM-2642 on State Highway 66, with over 200 feet of highway frontage. Live in the residence and run the food truck business! The house needs TLC and foundation repairs, it's currently leased as retail (interior photos are from before it was leased). This high visibility site benefits from a daily traffic count of 10,000+ vehicles, making it a strategic investment within a rapidly expanding community. Just minutes from Buc-ee's, Walmart, Lowes and other major retailers; Royse City's historic Main Street; and the future Royse City Town Center development at I-30 & FM-2642 with highly anticipated anchors. This unincorporated parcel is located outside city limits and the ETJ, with no floodplain, allowing for a wide range of development opportunities. The property includes an income generating, fully leased 7-space food truck court with electric and water connections. Current income: $6150 monthly, $73,800 annually. This property is positioned for long-term growth and flexible use potential for investors looking to capitalize on this area's explosive expansion. The 2 parcels are in the process of being replatted into a single address and parcel, will not sell separately. Subdivided listing: Main Commercial Listing MLS#21187569.
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3BEDS
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1.32ACRES
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1BATHS
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01/2 BATHS
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1,704SQFT
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$499$/SQFT
School Information
Description
Exceptional opportunity to acquire this 1.1-acre tract ideally positioned just north of FM-2642 on State Highway 66, with over 200 feet of highway frontage. Live in the residence and run the food truck business! The house needs TLC and foundation repairs, it's currently leased as retail (interior photos are from before it was leased). This high visibility site benefits from a daily traffic count of 10,000+ vehicles, making it a strategic investment within a rapidly expanding community. Just minutes from Buc-ee's, Walmart, Lowes and other major retailers; Royse City's historic Main Street; and the future Royse City Town Center development at I-30 & FM-2642 with highly anticipated anchors. This unincorporated parcel is located outside city limits and the ETJ, with no floodplain, allowing for a wide range of development opportunities. The property includes an income generating, fully leased 7-space food truck court with electric and water connections. Current income: $6150 monthly, $73,800 annually. This property is positioned for long-term growth and flexible use potential for investors looking to capitalize on this area's explosive expansion. The 2 parcels are in the process of being replatted into a single address and parcel, will not sell separately. Subdivided listing: Main Commercial Listing MLS#21187569.
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