Updated Medical Office
For Sale
$419,500
4527 Stonewall Street, Greenville, TX 75401
CommercialSale, Greenville, TX
Property Size2,620 SF
Lot Size0.39 Acres
Price / SF$160.11
Days on Market99
Property Features for 4527 Stonewall Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Medical and Office Space
Parking features
Parking Lot
Subdivision
Wilkins Sub
Directions
From Hwy 380, take a right onto Joe Ramsey Blvd, take a left onto Stonewall Street, property is on your right. From IH-30, take Joe Ramsey Blvd, turn right onto Stonewall Street, property is on your right. GPS is accurate
Standard status
Active
APN
90144
Lot size
0.39 Acres
Taxes and HOA fees
Tax Description
S5550 WILKINS SUBDIVISION LOT 2 ACRES .3889
Tax Annual Amount
5441
Legal Description
S5550 WILKINS SUBDIVISION LOT 2 ACRES .3889
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Concrete
Building materials
Brick
Roof type
Composition
Listing Agency:
Regal, REALTORS
(972) 771-6970
Listed By:
Haley Clark
(469) 766-0099
Added: Jul 27
Changed: Sep 30
Last Checked: Nov 2 at 5:06PM
MLS# 21273730
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,620-square-foot medical office property in Greenville includes a brick exterior, concrete and vinyl flooring, central heating, central air, and a composition roof. The building was constructed in 1970 and occupies 0.389 acres. Its prior medical-office and veterinary-hospital configuration supports continued professional or service-oriented use, subject to applicable requirements.
Recent work includes a new roof, fresh interior and exterior paint, newly asphalted parking, steel exterior doors with security strikes, updated framing and trim, new locks and handsets, and interior lighting. Public water and public sewer serve the property, with on-site parking provided by a dedicated lot.
Recent work includes a new roof, fresh interior and exterior paint, newly asphalted parking, steel exterior doors with security strikes, updated framing and trim, new locks and handsets, and interior lighting. Public water and public sewer serve the property, with on-site parking provided by a dedicated lot.
Key Highlights
- 2,620‑square‑foot medical office property on 0.389 acres
- Former medical office and veterinary hospital configuration
- New roof, interior and exterior paint, and asphalted parking lot
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 - Brick commercial building with recent exterior improvements, central HVAC, and an asphalt parking lot.
Where is this medical office space located?
The property is located at 4527 Stonewall Street 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 on 0.389 acres; Former medical office and veterinary hospital configuration; New roof, interior and exterior paint, and asphalted parking lot
