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Property profile & analytics
OFF-MARKET
Warehouses

351 Frontage Rd Greenville, TX 75402

22,500 SF 4.23 ac lot Built 1984
Property ID
Property summary
AI-generated overview

This single-story, 22,500-square-foot industrial warehouse in Greenville, Texas, presents a compelling owner-user opportunity. Located on I-30 Frontage Road (APN 50378), this Class C building, constructed in 1984 and renovated in 1991, sits on a 4.23-acre lot zoned for light industrial use. The property boasts four loading docks with four dock-high doors, providing efficient material handling. The warehouse features an impressive 18'5" ceiling height, ideal for various storage and operational needs. Ample parking is available, with 24 spaces per 1,000 square feet. The asking price is $2,981,250, translating to $132.50 per square foot. Occupancy is available October 1, 2024, under a sale for leaseback condition. This property offers significant potential for expansion given its generous lot size. The property is suitable for distribution, manufacturing, or warehouse operations. The sale includes one building and unit.

Property profile
Verified
Property type Warehouses
Year built 1984
Total area 22,500 SF
Lot 4.23 ac (184,259 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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