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Flex Building with Covered Overhang
For Sale
$699,900

9920 Wesley Street, Greenville, TX 75402

CommercialSale, Greenville, TX

Property Size2,800 SF
Lot Size1.45 Acres
Price / SF$249.96
Days on Market97

Property Features for 9920 Wesley Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Carport, Gated
Subdivision New Deal Place Final
Lot features Acreage, Back Yard, Cleared, Interior Lot, Lawn, Level
Directions Wesley St. south just past FM 1570 intersection on the right.
Standard status Active
APN 100182
Lot size 1.45 Acres

Taxes and HOA fees

Tax Description S4171 NEW DEAL PLACE FINAL PLAT BLK 1 LOT 1R
Tax Annual Amount 6457
Legal Description S4171 NEW DEAL PLACE FINAL PLAT BLK 1 LOT 1R

Utilities

Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air

Amenities

office space
covered overhang
gated entrance

Building Details

Year built 1987
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Century 21 First Group · Century 21 Real Estate
Listed By: Holly Gray · License #0457861
Added: Jul 3 Changed: Sep 29 Last Checked: Oct 7 at 1:06PM
MLS# 21320088

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 flex property includes a 2,800-square-foot commercial building on approximately 1.45 acres. The structure has office space, concrete flooring, metal siding, and a metal roof, with central electric heating and cooling. A covered overhang of approximately 1,400 square feet expands the usable area for vehicle parking, equipment storage, or exterior work. The site also includes a parking lot, additional concrete areas, partial fencing, and a gated driveway entrance.

Located at 9920 Wesley Street in Greenville, the property fronts Highway 34 South and provides access for customers and deliveries. Utility service includes city water, electricity, and a septic system. The building previously operated as a window tint shop and is described as suitable for automotive services, retail, warehouse, light industrial, and contractor operations.

Key Highlights

  • 2,800‑square‑foot commercial building on approximately 1.45 acres
  • Approximately 1,400‑square‑foot covered overhang
  • Frontage along Highway 34 South in Greenville

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,053
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,060 $901.1K
Cap Rate 7%
$643,614 $643.6K
Cap Rate 9%
$500,589 $500.6K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$67.5K $24.12/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$64.4K $22.99/SF
− OpEx
−$19.3K −$6.90/SF
NOI
$45.1K $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%
$901,060
Cap Rate 7%
$643,614
Cap Rate 9%
$500,589

Alternative Uses

Best Use
Industrial
$2.78M
$2.43M – $3.25M (±1% cap)
NOI $194,758 @ 7.0% cap · market cap 27.83%
Second Best
Retail
$643.6K
$563.2K – $750.9K (±1% cap)
NOI $45,053 @ 7.0% cap · market cap 6.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

U-Haul Neighborhood Dealer Car Rental Facility Auto Tint & Accessories Car Wash

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Storage Facility

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
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

69
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Highway 34 frontage, office space, gated access, and utility service support a range of commercial operations.
Where is this flex space located?
The property is located at 9920 Wesley Street Greenville, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 2,800‑square‑foot commercial building on approximately 1.45 acres; Approximately 1,400‑square‑foot covered overhang; Frontage along Highway 34 South in Greenville
More about this property
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