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    4800 Joe Ramsey Blvd Greenville, TX 75401

    Sponsored
    For Sale
    Contact for pricing

    High-traffic location, excellent visibility, strong NOI.

    Property size:
    5,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 5,156 square foot freestanding retail building, constructed in 2013, sits on a one-acre lot at 4800 Joe Ramsey Blvd E in Greenville, Texas, 75401. Boasting 100% occupancy, the property generates a pro-forma net operating income (NOI) of $43,645. Its strategic location across from Hunt Regional Medical Center provides exceptional visibility and accessibility. Situated on Joe Ramsey Boulevard, a major east-west thoroughfare, the property benefits from high traffic volume and proximity to numerous multifamily residential developments, industrial, and commercial businesses. Furthermore, its convenient location offers easy access to US-380, SH-69, SH-34, and I-30, ensuring excellent connectivity for both customers and employees. This property presents a compelling investment opportunity in a thriving Greenville market. The building's commercial classification and free-standing nature offer flexibility and potential for various retail uses. The property's size and location make it an ideal investment for those seeking a stable, high-performing retail asset in a rapidly growing area.

    Property Features for 4800 Joe Ramsey Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,156 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2013

    HighLights

    • 5,156 SF freestanding retail building on a 1‑acre lot, built in 2013.
    • 100% occupancy with a pro‑forma NOI of $43,645.
    • High visibility location across from Hunt Regional Medical Center in Greenville, TX.
    • Situated on Joe Ramsey Blvd with excellent access to major highways (US‑380, SH‑69, SH‑34, I‑30).
    • Strong location near residential, industrial, and commercial businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Anytime Fitness Gym

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.1291324
    Latitude
    33.1261551

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, excellent visibility, strong NOI.
    Where is this individual retail property located?
    The property is located at 4800 Joe Ramsey Blvd Greenville, TX.
    What are key features of this property?
    This property features: 5,156 SF freestanding retail building on a 1-acre lot, built in 2013.; 100% occupancy with a pro-forma NOI of $43,645.; High visibility location across from Hunt Regional Medical Center in Greenville, TX.
    (972) 961-8532
    Request Owner's contact information
    4800 Joe Ramsey Blvd Greenville, TX 75401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800 Joe Ramsey Blvd Greenville, TX 75401
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