4610 Wesley St Greenville, TX 75401
- Commercial real estate
- 2,146 SF
- 0.21 lot acres
Current Use by Public Records
- Andrews Robert L DDS / Dentist
Property Details for 4610 Wesley St
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 2,146 SF
- Property type
- Commercial real estate
- APN
- 5460-0010-0100-41
- APU
- 54600010010041
Description
This exceptional commercial property in Greenville, TX, presents a rare opportunity to acquire a substantial retail space. Located on Wesley Street, this 1.5-acre lot boasts over 300 feet of frontage directly across from a Walmart, ensuring high visibility and significant foot traffic. The property comprises four structures totaling 11,101 square feet of building space, offering immense flexibility for redevelopment. The existing buildings provide a solid foundation for renovation, restoration, or complete demolition and new construction. The central location and high traffic count make this property ideal for a variety of uses, including retail, office space, or a mixed-use development. A build-to-suit project could capitalize on the area's growth and create a thriving business hub. The expansive lot size and prominent location offer unparalleled potential for a savvy investor seeking to establish a significant presence in a growing market. This is a unique chance to acquire a substantial property in a prime location with exceptional visibility and accessibility. The property's size and location make it an attractive investment for those seeking to create a modern and impactful commercial development. The possibilities are truly endless for this prime Greenville, TX commercial real estate opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $475,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $490,000
- Mixed-Use
- $435,000
- Hospitality
- $510,000
- Educational
- $415,000
- Residential Income
- $375,000
- Energy
- $445,000
- Income-Based Land
- $395,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Hunt
- State
- Texas
- Longitude
- -96.1095
- Latitude
- 33.124
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA