351 Frontage Rd Greenville, TX 75402
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.