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Corner Flex Space with Loading Dock
For Sale
$599,000

8916 Wesley Street, Greenville, TX 75402

CommercialSale, Greenville, TX

Property Size3,377 SF
Lot Size0.40 Acres
Price / SF$177.38
Days on Market86

Property Features for 8916 Wesley Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Security features Security
Subdivision South Forty Add Ph 11
Directions From I-30 East, take I-30 Frontage Rd and FM 1570 E Turn right onto FM 1570 E Turn left onto Wesley St Turn left onto Sunset Strip. Turn right
Standard status Active
APN 99259
Lot size 0.40 Acres

Taxes and HOA fees

Tax Description S4977 SOUTH FORTY ADDN PHASE II BLK 2 LOT 6 A
Tax Annual Amount 7069
Legal Description S4977 SOUTH FORTY ADDN PHASE II BLK 2 LOT 6 A

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1988
Floors in Building 1
Number of units 1
Flooring type Concrete, Laminate
Building materials Brick, MetalSiding
Roof type Flat
Listing Agency: Bradford Elite Real Estate LLC
Listed By: Deya Chamberlain · License #0686613
Added: Jul 14 Changed: Sep 16 Last Checked: Oct 7 at 1:06PM
MLS# 21321600

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.

Investment Insights

Based on property information with market context.

This 3,377-square-foot flex property combines an updated front area with functional warehouse improvements. The customer-facing portion includes an open showroom or office layout, a private office, laminate flooring, and modern finishes. Behind it, the warehouse provides a second private office, three oversized bay doors, a loading dock, and concrete flooring for storage, equipment, distribution, light manufacturing, or service activity.

The property occupies a 0.402-acre corner lot at 8916 Wesley Street in Greenville, with frontage along Wesley Street, also designated Hwy 34. Public water and public sewer serve the site. Built in 1988, the building has brick and metal siding, a flat roof, central heating, and central air conditioning with electric cooling.

Key Highlights

  • 3,377 square feet of combined office, showroom, and warehouse space
  • 0.402‑acre corner lot at 8916 Wesley Street, Greenville, TX 75402
  • Three oversized bay doors and a loading dock

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,337
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,740 $1.1M
Cap Rate 7%
$776,243 $776.2K
Cap Rate 9%
$603,744 $603.7K
Market Conditions
NOI Build-Up for 3,377 SF
Gross rent
$81.5K $24.12/SF
− Vacancy
−$3.8K −$1.13/SF
EGI
$77.6K $22.99/SF
− OpEx
−$23.3K −$6.90/SF
NOI
$54.3K $16.09/SF
Area
Hunt County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,740
Cap Rate 7%
$776,243
Cap Rate 9%
$603,744

Alternative Uses

Best Use
Industrial
$3.36M
$2.94M – $3.91M (±1% cap)
NOI $234,892 @ 7.0% cap · market cap 39.21%
Second Best
Retail
$776.2K
$679.2K – $905.6K (±1% cap)
NOI $54,337 @ 7.0% cap · market cap 9.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bodie Smith Auto ... Car Wash Bumper Store USA Auto Parts Store Barrow Insurance Insurance Agency

Suggested Use

Top Pick HVAC Service Plumbing Service Locksmith Garden Center Electrical Service Building Supply

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75402, TX

18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial facility combining customer-facing workspace with warehouse capacity and direct access from a prominent corner position.
Where is this flex space located?
The property is located at 8916 Wesley Street Greenville, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3,377 square feet of combined office, showroom, and warehouse space; 0.402‑acre corner lot at 8916 Wesley Street, Greenville, TX 75402; Three oversized bay doors and a loading dock
More about this property
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