B Greenville, TX 75402
This exceptional 5.33-acre tract presents a unique investment opportunity in the thriving Greenville, Texas community, served by the Lone Oak Independent School District. The property boasts gently rolling terrain and is currently undeveloped, offering considerable flexibility for future development. Strategically located just outside Greenville city limits, this land provides convenient access to major transportation arteries. It's a mere one mile from Highway 69, two miles from State Highway 34, and a short four-mile drive to Interstate 30, ensuring seamless connectivity throughout the region. The property's proximity to L3 Harris, a Fortune 500 company employing over 50,000 people, underscores its location within a robust and expanding job market. The seller is offering the option to purchase the entire 16-acre parcel, or to acquire this specific 5.33-acre lot. Alternatively, an 11.67-acre portion is also available for purchase. This presents a rare chance to secure land in a rapidly growing area with exceptional access to major roadways and a strong employment base. The possibilities for development are significant, making this an attractive proposition for investors and developers alike. The asking price for this 5.33-acre lot is $159,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.