TBD1 Quail Run St Greenville, TX 75402
- Commercial real estate
- 7.87 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for TBD1 Quail Run St
- Lot size
- 7.87 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.87-acre property in Greenville, Texas, presents a remarkable opportunity for residential development. Situated amidst thriving neighborhoods, this land boasts a completed Preliminary Plat approved for 27 single-family lots (SF2), streamlining the development process. The plat, prepared by a local surveyor, is readily available, minimizing delays and uncertainties. City ordinances are already in place, ensuring a smooth transition from planning to construction. The property's strategic location offers unparalleled convenience, being within one mile of The Oaks Country Club, city parks, and a major employer, L3Harris. Furthermore, it's conveniently located within three miles of a variety of retail shopping centers, restaurants, and both public and private schools. Greenville's rapid growth makes this an ideal location for a high-demand housing project, promising significant returns on investment. The seller is offering owner financing, making this an even more attractive proposition for qualified buyers. This is a turnkey opportunity for developers seeking to capitalize on Greenville's booming residential market and contribute to the city's continued expansion. The existing infrastructure and proximity to amenities make this a truly exceptional development site. The property's size and zoning make it perfect for a variety of residential projects, from single-family homes to potentially multi-family dwellings (subject to further due diligence and approvals).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Hunt
- State
- Texas
- Longitude
- -96.0946
- Latitude
- 33.0757