Updated Medical Office
For Sale
$419,500
4527 Stonewall St, Greenville, TX 75401
Recent building and site improvements include new paint, roofing, asphalt, exterior doors, locks, and interior lighting.
Property Size2,620 SF
Price / SF$160.11
Days on Market48
Property Features for 4527 Stonewall St
General Information
Standard status
Active
Size
2,620 SF
Building Details
Year Built
1970
Listing Agency:
Regal, REALTORS
Listed By:
Haley Clark · License #0733805
(903) 456-2393
Source:
Yourdavisteam
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 7 at 2:26PM
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 Regal, REALTORS
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Investment Insights
Based on property information with market context.
This 2,620-square-foot medical office property at 4527 Stonewall St in Greenville was built in 1970 and previously operated as both a medical office and veterinary hospital. The building offers a professional commercial setting with recent interior and exterior paint, updated lighting, new steel exterior doors with security strikes, replacement locks and handsets, and refreshed framing and trim.
Site improvements include a new roof and a newly asphalted parking lot. The property’s prior medical and veterinary uses provide relevant context for professional, healthcare, and service-oriented occupancy, subject to applicable requirements.
Site improvements include a new roof and a newly asphalted parking lot. The property’s prior medical and veterinary uses provide relevant context for professional, healthcare, and service-oriented occupancy, subject to applicable requirements.
Key Highlights
- 2,620‑square‑foot medical office property
- Previously operated as a medical office and veterinary hospital
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,432
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,640
$728.6K
Cap Rate 7%
$520,457
$520.5K
Cap Rate 9%
$404,800
$404.8K
Market Conditions
NOI Build-Up for 2,620 SF
Gross rent
$68.2K $26.04/SF
− Vacancy
−$7.5K −$2.86/SF
EGI
$60.7K $23.18/SF
− OpEx
−$24.3K −$9.27/SF
NOI
$36.4K $13.91/SF
Area
Hunt County, TX
Vacancy
11.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,640
Cap Rate 7%
$520,457
Cap Rate 9%
$404,800
Alternative Uses
Best Use
Healthcare Medical
$520.5K
$455.4K – $607.2K
NOI $36,432 @ 7.0% cap · market cap 8.68%
Second Best
Office B
$474.7K
$415.3K – $553.8K
NOI $33,227 @ 7.0% cap · market cap 7.92%
Theoretical Best
Industrial
$2.60M
$2.28M – $3.04M
NOI $182,237 @ 7.0% cap · market cap 43.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Recent building and site improvements include new paint, roofing, asphalt, exterior doors, locks, and interior lighting.
Where is this medical office space located?
The property is located at 4527 Stonewall St Greenville, TX.
What is the asking price?
The asking price for this property is $419,500.
What are key features of this property?
This property features: 2,620‑square‑foot medical office property; Previously operated as a medical office and veterinary hospital; Built in 1970
