4562 Highway 34 Greenville, TX 75402
This exceptional 3.79-acre commercial property, located at 4562 Hwy 34 in Greenville, Texas (zip code 75402), presents a unique investment opportunity. Priced at $510,000, the property boasts a 2,268 square foot building, including a 720 square foot brick home ideally suited for office space. The home features two bedrooms, two bathrooms, two living areas, and an enclosed patio, though it requires some updating. The additional 1,548 square feet of building space offers further potential. The property benefits from excellent road frontage on Hwy 34 and CR 2236, providing high visibility. Its strategic location across from a Dollar General store near the intersection of FM 1564 ensures significant traffic flow. The remaining acreage offers ample space for various commercial ventures. Two water meters are installed, and utilities including electricity and water are connected to the 720 sq ft building. Previously used for residential purposes, this property is zoned for both residential and commercial development, making it a versatile option for a wide range of businesses. Directions: From I-30 eastbound towards Greenville, take the FM 1903 exit. Turn right and proceed until 1903 dead-ends at Hwy 34. Turn right, passing FM 1564 on the right. The property is situated across from the Dollar General, marked by a large wrought gate and signage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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