Property profile

I-30 Frontage Rd Greenville, TX 75402

OFF-MARKET
Land
99.5 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 99.5 ac (4,334,220 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • Department Of Transportation
  • Gas Station
  • Warehouse & Storage
  • Grocery & Convenience Store

Location

I-30 Frontage Rd Greenville, TX 75402
Greenville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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