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    6815 Frontage Rd Greenville, TX 75402

    For Sale
    Contact for pricing

    ±23 Acres, Multifamily Entitled

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional ±23.64-acre commercial land parcel presents a prime development opportunity in Greenville, Texas. Strategically located on I-30 Frontage Road, this property boasts unparalleled access to the DFW Metroplex, less than an hour away. The site enjoys high visibility and traffic counts exceeding 40,000 vehicles daily, ensuring strong potential for various commercial ventures. The property is zoned PD-28, permitting diverse uses including multifamily, build-to-rent, townhome, and commercial developments. The land is subdivided into approximately 11.86 acres designated for multifamily development and 11.9 acres suitable for single-family homes, single-family rentals, or townhomes. An additional 6.49 and 5.16 acre parcels are also available. Utilities are readily available. The property is served by Greenville ISD, encompassing Bowie Elementary, Greenville Middle, and Greenville High schools. This location offers convenient access to major thoroughfares, connecting businesses to key markets. Proximity to I-30 and US 380 further enhances its strategic value. The parcel ID is 3234-000A-002R-41. Contact us today to discuss pricing and explore the possibilities of this exceptional development opportunity. Note that while townhomes can extend onto multifamily land, the reverse is not permitted.

    Property Features for 6815 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • ±23.64 acres of entitled commercial land in Greenville, TX, suitable for multifamily, single‑family, and townhome development.
    • Located on I‑30 Frontage Road, offering easy access to the DFW Metroplex (approx. 45‑60 minutes).
    • High‑traffic area with over 40,000 vehicles daily, near the intersection of I‑30 and US 380.
    • Zoned PD‑28, permitting multifamily, build‑to‑rent, townhome, and commercial uses.
    • Served by Greenville ISD and utilities are available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.0983027876
    Latitude
    33.101003391458

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    FAQs

    What type of property is this?
    Land - ±23 Acres, Multifamily Entitled
    Where is this land located?
    The property is located at 6815 Frontage Rd Greenville, TX.
    What are key features of this property?
    This property features: ±23.64 acres of entitled commercial land in Greenville, TX, suitable for multifamily, single-family, and townhome development.; Located on I-30 Frontage Road, offering easy access to the DFW Metroplex (approx. 45-60 minutes).; High-traffic area with over 40,000 vehicles daily, near the intersection of I-30 and US 380.
    (775) 815-7387
    Request Owner's contact information
    6815 Frontage Rd Greenville, TX 75402
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    Greenville, TX 75402
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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
    6815 Frontage Rd Greenville, TX 75402
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