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Greenville, TX 75402
$7,500,000

About this home

This 42.601 acre tract presents a prime development opportunity inside the Greenville city limits with scale, visibility, & flexibility that is increasingly rare in fast-growing North TX markets. With 1,178 feet of frontage, utilities available including water, sewer, & electric, & the ability to subdivide, this property is well positioned for a mixed-use concept that could include commercial, multi-family, single-family, or a thoughtfully planned combination.
The land has already been excavated, offering a head start for development, & currently benefits from a Commercial AG exemption. Location is a major differentiator. The property sits less than one mile from I-30 at Wesley Street, approximately 2.5 miles from FM 1570 & within 3 miles of major employers such as L3 Harris & Innovation First. TxDOT plans to widen Highway 34 & current traffic counts range between 23,000 & 25,000 vehicles per day, adding long-term visibility & accessibility upside.
Greenville is experiencing strong, measurable growth. Since 2020, the city has seen a population increase of over 15 percent, outpacing national growth rates, driven by affordability, business expansion, & regional migration from the Dallas metro. Within a two mile radius, approved plats & active developments account for more than 2,500 new homes, creating immediate demand for retail services, housing options, & supporting commercial uses.
Surrounding commercial activity continues to expand, reinforcing this corridor as a focal point for future growth. The site is well suited for a mixed-use or age-qualified residential concept paired with nearby retail & services, with zoning flexibility allowing multiple development paths.
For developers & investors seeking frontage, infrastructure, proven growth indicators, & entry into one of North Texas’s accelerating secondary markets, this property offers scale, timing, & optionality at an attractive price basis, representing one of the best opportunities on the market today.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
42.601
Property Subtype
Unimproved Land
Property Type
Commercial Sale
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Construction
Other
Lot Features
Acreage, Cleared

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Greenville
County
Hunt
ZIP Code
75402
State
TX
Subdivision
Joel Odell Survey

Financial

Price
7500000

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Listing Details

Listing Agent
Amanda Rupley
Listing Office
Compass RE Texas, LLC
MLS #
21421704
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21421704

Listing agents

Listing AgentAmanda RupleyCompass RE Texas, LLC
Co-Listing AgentTroy McDonald

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