5020 Sayle St Greenville, TX 75402
For Sale
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This exceptional 18,967 square foot office building presents a unique investment opportunity in Greenville, TX. Situated on a generous 3.35-acre lot at 5020 Sayle Street, this property offers significant potential for redevelopment or repurposing. Previously used as a retirement community, the building's history speaks to its suitability for care-oriented businesses. Its prime location, just off Highway 69 and Joe Ramsey Boulevard, provides excellent visibility and accessibility. The property is zoned for Neighborhood Services, allowing for a wide range of uses including medical, dental, general office space, childcare facilities, adult daycare, and more. The current owners are open to exploring various development options, including the possibility of subdividing the land or buildings (subject to city approval), and are also willing to discuss leasing opportunities. Significant cleaning has already been completed, and the owners have identified key costs associated with potential rehabilitation or demolition, which are available upon request. The property is being sold "as-is." This is a rare chance to acquire a substantial property with immense potential in a thriving location. Don't miss this chance to shape the future of this valuable asset.
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.