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Property profile & analytics
FOR SALE
Office Spaces

5020 Sayle St Greenville, TX 75402

18,967 SF 3.35 ac lot Built 1952
Property ID
US82-3452126
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1952
Total area 18,967 SF
Lot 3.35 ac (145,926 SF)
UPID US82-3452126
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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