Fm 1570 Greenville, TX 75402
- Land
- 8.54 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fm 1570
- Lot size
- 8.54 lot acres
- Property type
- Land
Description
This exceptional 8.54-acre property presents a remarkable opportunity for developers seeking a prime location in Greenville, Texas. Zoned for residential use, this expansive lot offers significant potential for the construction of townhomes or duplexes, capitalizing on the strong demand for housing in the area. Its strategic location, situated behind and adjacent to existing Oakridge townhomes and duplexes, ensures immediate access to established infrastructure and a thriving community. The property boasts convenient access to city water and sewer services, simplifying development plans and reducing infrastructure costs. Furthermore, its proximity to L-3 and other businesses makes it an attractive option for commercial development, offering versatility and potential for mixed-use projects. The property's wooded character adds to its appeal, providing a natural aesthetic that can be incorporated into future designs. A survey is available for review within the transaction documents. Prospective buyers are responsible for conducting their own due diligence regarding zoning regulations with the city and school district. The asking price for this exceptional development opportunity is $2,000,000. The property's APN is 53277/26925. Located on FM 1570 in Hunt County, Texas, zip code 75402, this property offers unparalleled potential for significant return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Hunt
- State
- Texas
- Longitude
- -96.0877
- Latitude
- 33.1024