Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Flex Space For Lease Title is generated by Realmo AI

    4581 Highway 380 Business Hwy 4, Greenville, TX 75401

    View on Map
    Claim this Listing
    For Lease
    $1,910 /Mo

    21,000 SF industrial building with up to 14 bays.

    Type:Industrial
    Lot size:
    1.53 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    187
    Last Refresh:
    May 10 at 9:50 pm

    Property Features for 4581 Highway 380 Business Hwy 4

    General Information

    Standard status
    Active
    Lot size
    1.53 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    2024

    We can help!

    Listing Contact
    Arthur Rhodes

    Listing agent Arthur Rhodes

    Listing office Texas Premier Realty

    Listing date Nov 27, 2025

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Texas Premier Realty

    HighLights

    • Up to 9,000 sq ft of contiguous space available.
    • Flexible space: 1,500 sq ft units with 500 sq ft office and 1,000 sq ft warehouse.
    • New construction: Built in 2024.
    • High ceilings: 16 ft sidewalls, approx. 28 ft at the highest point.
    • 14 ft high overhead doors.
    • 3‑phase power available.

    Overview

    This 21,000 square foot metal construction building offers up to 14 bays, each measuring 1500 square feet. The side walls reach a height of 16 feet, while the overhead doors are 14 feet high. The ceiling's highest point is approximately 28 feet. Three-phase power is available, and internet service is provided through 360 Broadband. The lease rate for a 1500 square foot space is $12 per square foot per year, plus triple net fees of $3.27 per square foot per year. Each 1500 square foot space includes approximately 500 square feet of finished, air-conditioned office space, featuring a reception area, restroom, break room, and private office, along with approximately 1000 square feet of open warehouse space with a 14-foot overhead door. The office space is decked on top and can be used for storage with warehouse space access. Currently, up to 9000 square feet of contiguous space is available.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • Petty's Service Center — 5110 I-30 Frontage Rd, Greenville, TX 75402

    Map

    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.0996
    Latitude
    33.1242

    Nearby Similar for Lease

    • $2,600/Mo
      1,250 SF

      New Executive Office Condo Units

      High-end office condos near I-30, suitable for various professionals.
      2200 Traders, Greenville, TX 75402
      View Details
    • $7,500/Mo

      Retail Space in Greenville, TX

      Retail space available at truck stop and driver service hub.
      3856 State Highway 34 S, Greenville, TX 75402
      View Details
    • $2,500/Mo

      New Executive Office Condo Units

      High-end office condo units available for lease near I-30.
      2200 Traders, Greenville, TX 75402
      View Details
    • $4,000/Mo

      Versatile Two-Story Organization Center

      20,000 SF Greenville facility with diverse potential uses.
      2615 Crockett Street, Greenville, TX 75401
      View Details
    • $2,500/Mo

      New Executive Office Condo Units

      High-end office condo units available for lease near I-30.
      2200 Traders, Greenville, TX 75402
      View Details
    • $1,975/Mo

      Downtown Greenville Retail/Office Space

      Prime commercial space in historic downtown Greenville, ideal for various businesses.
      2402 Stonewall Street, Greenville, TX 75401
      View Details
    • $2,500/Mo
      1,988 SF

      Remodeled Commercial Building in Greenville

      Two-story commercial building suitable for office, retail, or service tenants.
      2815 Wesley Street, Greenville, TX 75401
      View Details
    • $2,800/Mo
      2,500 SF

      Greenville Office Space For Rent

      2500 sq ft office space with reception and rooms.
      243 FM 1903, Greenville, TX 75402
      View Details
    • $800/Mo
      1,000 SF

      Greenville Warehouse-Office Space For Rent

      Warehouse-office space near Hwy 34 with flexible business use.
      4533 County Road 2200, Greenville, TX 75402
      View Details
    • $1,400/Mo

      Greenville Warehouse and Office Space

      Office and warehouse space available for lease in Greenville, TX.
      3575 hwy 34, Greenville, TX 75402
      View Details
    • $1,400/Mo
      1,000 SF

      Office Space in Greenville, TX

      Office space featuring an open layout, bathroom, and breakroom.
      3601 HIGHWAY 34, Greenville, TX 75402
      View Details
    • $2,500/Mo

      New Executive Office Condo Units

      High-end office condos for lease near I-30 in Greenville.
      2200 Traders, Greenville, TX 75402
      View Details

    FAQs

    What type of property is this?
    Warehouse - 21,000 SF industrial building with up to 14 bays.
    Where is this warehouse located?
    The property is located at 4581 Highway 380 Business Hwy 4 Greenville, TX.
    What is the lease rate?
    The lease rate is $1,910 /Mo.
    What are key features of this property?
    This property features: Up to 9,000 sq ft of contiguous space available.; Flexible space: 1,500 sq ft units with 500 sq ft office and 1,000 sq ft warehouse.; New construction: Built in 2024.
    We can help!
    Listing Contact
    Arthur Rhodes
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4581 Highway 380 Business Hwy 4, Greenville, TX 75401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!