Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    I-30 Frontage Rd Greenville, TX 75402
    Back to Search
    Property profile & analytics

    I-30 Frontage Rd Greenville, TX 75402

    View on Map
    • Land
    • 99.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • James Hall's Fireworks Super Store / Discount Store / Party Supply Store
    • Texas Department of Transportation / Department Of Transportation
    • Express Lane / Gas Station
    • Krazy Lotz Distribution Center / Warehouse & Storage
    • Food Mart / Grocery & Convenience Store

    Property Details for I-30 Frontage Rd

    Lot size
    99.50 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 99.5-acre commercial land parcel presents a unique investment opportunity in Greenville, Texas. Boasting prime Interstate 30 frontage and additional frontage on FM 1737, this strategically located property offers unparalleled visibility and accessibility. The land is conveniently situated near exit 24, providing easy access to Commerce and Texas A&M University-Commerce. Development potential is significant, with no FEMA floodplain, pipeline, or transmission line easements. Utilities are readily available, including water, electricity (including 3-phase power along I-30 and additional power on the FM frontage), and fiber optic. This property is a strong candidate for 1031 exchange. The absence of known restrictions and the potential for subdivision further enhance its appeal. Its location at a major juncture makes it an ideal site for various commercial ventures, multi-family housing, or single-family residential development. The asking price is $3,482,500. Don't miss this rare opportunity to acquire a large, versatile tract of land with exceptional highway exposure.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.1089
    Latitude
    33.0947

    Comparable in this City

    • Value Estimation by Request
      16.00 Acres

      3306 Co Rd

      Farms • 16.00 Acres
      3306 Co Rd, Greenville, TX 75402
      View Details
    • Value Estimation by Request

      2378 Co Rd

      Farms
      2378 Co Rd, Greenville, TX 75402
      View Details
    • Value Estimation by Request
      101.45 Acres

      3598 Lions Lair Rd

      Farms • 101.45 Acres
      3598 Lions Lair Rd, Greenville, TX 75402
      View Details
    • Value Estimation by Request
      86.00 Acres

      2173 F.m. 1903 & County Rd

      Farms • 86.00 Acres
      2173 F.m. 1903 & County Rd, Greenville, TX 75402
      View Details
    • Value Estimation by Request
      21.00 Acres

      3648 Co Rd

      Farms • 21.00 Acres
      3648 Co Rd, Greenville, TX 75402
      View Details
    • Value Estimation by Request
      8.54 Acres

      Fm 1570

      Land • 8.54 Acres
      0 Fm 1570, Greenville, TX 75402
      View Details

    Similar Nearby for Sale

    • $779,000

      Equestrian Property Ready for Dream Home

      16-acre equestrian property with barn, workshop, ponds, and mobile home.
      278 County Road 2241, Greenville, TX 75402
      View Details
    • $749,500
      1,580 SF

      Greenville Ranch with Ag Exemption

      35-acre Greenville property with home, pasture, and agricultural potential.
      782 Fm 1564 E, Greenville, TX 75402
      View Details
    • $475,950
      17.90 Acres

      Undeveloped Land Near Greenville, TX

      17.9 acres of contiguous land parcels outside Greenville, TX.
      2165 County Road 3304, Greenville, TX 75402
      View Details
    • Contact for pricing

      Land Near DFW Metroplex

      Land less than an hour from the DFW metroplex.
      6511 Frontage Rd, Greenville, TX 75402
      View Details
    • $279,900
      11.67 Acres

      Greenville Land Tract For Sale

      11.67 acre wooded lot in Greenville, Texas.
      Na County Rd 3306, Greenville, TX 75402
      View Details
    • $649,000
      17.86 Acres

      Caddo Mills Land Opportunity

      17.86 acres ready for your vision near I-30.
      1098 County Rd 2114, Caddo Mills, TX 75402
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Acres Near Walmart

      2.05 acres near Walmart, suitable for various commercial uses.
      2206 Traders Rd, Greenville, TX 75402
      View Details
    • $1,500 /Mo
      89,298 SF

      Commercial Land Near Walmart

      2.05 acres near Walmart, suitable for various commercial uses.
      2206 Traders Rd, Greenville, TX 75402
      View Details
    • Contact for pricing

      4.453 Acre Ground Lease Opportunity

      4.453-acre ground lease with I-30 access in Caddo Mills, TX.
      1984 Interstate Highway 30 W, Greenville, TX 75402
      View Details
    • Contact for pricing

      Greenville Retail Corridor Outparcel Opportunity

      Outparcel ideal for full-service restaurant in primary retail corridor.
      7215 Interstate Highway 30, Greenville, TX 75402
      View Details
    • Contact for pricing
      3,100 SF

      Retail Space on Wesley Street

      Retail space with high visibility and comprehensive amenities.
      8806 Wesley St, Greenville, TX 75402
      View Details
    • $5,000 /Mo
      87,120 SF

      Greenville Shop Facility For Rent

      Versatile shop facility suitable for various business types.
      1969 Interstate Highway 30 W, Greenville, TX 75402
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    I-30 Frontage Rd
    Greenville, TX 75402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    I-30 Frontage Rd, Greenville, TX, 75402
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!