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Infill Redevelopment Land Assemblage

3005 Division St, Greenville, TX 75401

For Sale
$1,299,900

Two adjacent parcels totaling 7.7 acres in Greenville, TX, include an existing 47,826 SF building footprint for redevelopment.

Property SizeContact for details
Lot Size7.70 Acres
Days on Market379

Property Features for 3005 Division St

General Information

Standard status Active
Lot size 7.70 Acres
Property subtype Land/Lot
Zoning Multi-family

Additional Details

Utilities to Site Yes
Listing Agency: M&D CRE, LLC
Listed By: Kevin Weable · License TX #689810
Source: Granburyhomefinder
Added: Oct 27, 2025 Changed: Nov 1 Last Checked: Nov 8 at 7:14AM

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 M&D CRE, LLC

Rey
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Investment Insights

Based on property information with market context.

M&D CRE presents a 7.7-acre infill redevelopment assemblage in Greenville, Texas, consisting of two adjacent parcels totaling 7.7 acres: 3.87 acres at 3005 Division St and 3.83 acres on King St. The offering includes an existing 47,826 SF building footprint that is being offered for land value, providing a development canvas for future site planning and reconfiguration.

City water, city sewer, and electricity are already on-site, reducing site-start constraints compared with raw land opportunities. King St is currently zoned Multi-family, while 3005 Division St is currently zoned SF-2. The City’s Future Land Use overlay designates the full 7.7-acre assemblage for Multi-family use.

Located just off the Wesley St corridor, the site provides in-town connectivity with access to downtown Greenville and Joe Ramsey Blvd/Hwy 69, supporting redevelopment for residential and multifamily concepts.

Key Highlights

  • 7.7‑acre infill redevelopment assemblage in Greenville, TX with two adjacent parcels: 3005 Division St (3.87 AC) and King St (3.83 AC).
  • Includes an existing 47,826 SF building footprint offered for land value, providing flexibility for redevelopment, phasing, or site reconfiguration.
  • City water, city sewer, and electricity are already on‑site.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Gym & Fitness Center Veterinary Clinic (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 75401, TX

19,550
Population
9,067
Households
2.2
Avg Household Size
34
Median Age
14%
College-Educated
82%
High-School Grad
108.1 sq mi
ZIP Area
181
Density / Sq Mi
$57,335
Median Household Income
$33,244
Median Earnings
$1,157
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties in Greenville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two adjacent parcels totaling 7.7 acres in Greenville, TX, include an existing 47,826 SF building footprint for redevelopment.
Where is this multifamily property located?
The property is located at 3005 Division St Greenville, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 7.7‑acre infill redevelopment assemblage in Greenville, TX with two adjacent parcels: 3005 Division St (3.87 AC) and King St (3.83 AC).; Includes an existing 47,826 SF building footprint offered for land value, providing flexibility for redevelopment, phasing, or site reconfiguration.; City water, city sewer, and electricity are already on‑site.
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