Multi-Property Block on High-Traffic Road

4610 Wesley Street, Greenville, TX 75401

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For Sale

$2,100,000

1.5 acres with 11,101 SF across 4 structures.

Type:Commercial/Industrial

Property size:

11,101 SF

Lot size:

1.50 Acres

Price / SF:

$189/SF

HighLights

Prime commercial opportunity spanning an entire city block (1.5 acres).
Strategically located on a high‑traffic road directly across from a neighborhood Walmart.
Over 300 feet of frontage on Wesley Street.
11,101 square feet of building space across 4 structures.
Unlimited potential for renovation, restoration, or redevelopment.
Ideal for retail, office space, or mixed‑use development.

We can help!

Listing Contact

Dennisha Denney

For Sale

$2,100,000

1.5 acres with 11,101 SF across 4 structures.

Type:Commercial/Industrial

Property size:

11,101 SF

Lot size:

1.50 Acres

Price / SF:

$189/SF

Added:: Sep 5, 2024
Days on Market:: 654
Last Refresh:: May 19 at 9:09 pm

Property Features for 4610 Wesley Street

General Information

Standard status: Active
Size: 11,101 SF
Lot size: 1.50 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1985

We can help!

Listing Contact

Dennisha Denney

Listing agent Dennisha Denney License #0463283

Listing office 3D Real Estate Team - RE/MAX F

Listing date Sep 5, 2024

Source Exitrealty

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 3D Real Estate Team - RE/MAX F

HighLights

Prime commercial opportunity spanning an entire city block (1.5 acres).
Strategically located on a high‑traffic road directly across from a neighborhood Walmart.
Over 300 feet of frontage on Wesley Street.
11,101 square feet of building space across 4 structures.
Unlimited potential for renovation, restoration, or redevelopment.
Ideal for retail, office space, or mixed‑use development.

Overview

This multi-property offering spans an entire city block, encompassing 1.5 acres of combined land. The property is strategically located on a high-traffic road directly across from a neighborhood Walmart, providing over 300 feet of frontage. It features 11,101 square feet of building space distributed across 4 structures. The property is suitable for renovation, restoration, or complete redevelopment. With its central location, this property is ideal for retail, office space, or mixed-use development. A build-to-suit project could transform the area into a bustling business hub, perfectly suited for modern needs. The property benefits from excellent visibility and accessibility, capitalizing on the area's growth and traffic flow on Wesley Street.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$267.8k	$24.12
− Vacancy	−$12.6k	−$1.13
EGI	$255.2k	$22.99
− OpEx	−$76.6k	−$6.90
NOI	$178.6k	$16.09

11,101 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.55M

$2.23M – $2.98M (±1% cap)

NOI $178,620 @ 7.0% cap · market cap 8.51%

Second Best

Mixed Use

$2.19M

$1.91M – $2.55M (±1% cap)

NOI $153,194 @ 7.0% cap · market cap 7.29%

Theoretical Best

Industrial

$11.03M

$9.65M – $12.87M (±1% cap)

NOI $772,144 @ 7.0% cap · market cap 36.77%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Andrews Robert L ... Dental Office

Suggested Use

Location Insight

Map
Local Demand

City: Greenville
County: Hunt
State: Texas
Longitude: -96.1095
Latitude: 33.124

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For sale
Mixed-use properties
TX
Greenville
75401
4610 Wesley Street

What type of property is this?

Mixed-use property - 1.5 acres with 11,101 SF across 4 structures.

Where is this mixed-use property located?

The property is located at 4610 Wesley Street Greenville, TX.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Prime commercial opportunity spanning an entire city block (1.5 acres).; Strategically located on a high‑traffic road directly across from a neighborhood Walmart.; Over 300 feet of frontage on Wesley Street.