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$ 7,500,000
Est. payment | /mo
42.6 Acres Lot
$ 7,500,000
Est. payment | /mo
42.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Joel Odell Survey
MLS Listing ID 21133369
Annual Tax Amount $380
Lot Size 42.601 Acres
Acres 42.601
Property Sub-Type Unimproved Land
Property Description
This 42.601 acre tract presents a prime development opportunity inside the Greenville city limits with scale, visibility, & flexibility that is increasingly rare in fast-growing North TX markets. With 1,178 feet of frontage, utilities available including water, sewer, & electric, & the ability to subdivide, this property is well positioned for a mixed-use concept that could include commercial, multi-family, single-family, or a thoughtfully planned combination.
The land has already been excavated, offering a head start for development, & currently benefits from a Commercial AG exemption. Location is a major differentiator. The property sits less than one mile from I-30 at Wesley Street, approximately 2.5 miles from FM 1570 & within 3 miles of major employers such as L3 Harris & Innovation First. TxDOT plans to widen Highway 34 & current traffic counts range between 23,000 & 25,000 vehicles per day, adding long-term visibility & accessibility upside.
Greenville is experiencing strong, measurable growth. Since 2020, the city has seen a population increase of over 15 percent, outpacing national growth rates, driven by affordability, business expansion, & regional migration from the Dallas metro. Within a two mile radius, approved plats & active developments account for more than 2,500 new homes, creating immediate demand for retail services, housing options, & supporting commercial uses.
Surrounding commercial activity continues to expand, reinforcing this corridor as a focal point for future growth. The site is well suited for a mixed-use or age-qualified residential concept paired with nearby retail & services, with zoning flexibility allowing multiple development paths.
For developers & investors seeking frontage, infrastructure, proven growth indicators, & entry into one of North Texas's accelerating secondary markets, this property offers scale, timing, & optionality at an attractive price basis, representing one of the best opportunities on the market today.
The land has already been excavated, offering a head start for development, & currently benefits from a Commercial AG exemption. Location is a major differentiator. The property sits less than one mile from I-30 at Wesley Street, approximately 2.5 miles from FM 1570 & within 3 miles of major employers such as L3 Harris & Innovation First. TxDOT plans to widen Highway 34 & current traffic counts range between 23,000 & 25,000 vehicles per day, adding long-term visibility & accessibility upside.
Greenville is experiencing strong, measurable growth. Since 2020, the city has seen a population increase of over 15 percent, outpacing national growth rates, driven by affordability, business expansion, & regional migration from the Dallas metro. Within a two mile radius, approved plats & active developments account for more than 2,500 new homes, creating immediate demand for retail services, housing options, & supporting commercial uses.
Surrounding commercial activity continues to expand, reinforcing this corridor as a focal point for future growth. The site is well suited for a mixed-use or age-qualified residential concept paired with nearby retail & services, with zoning flexibility allowing multiple development paths.
For developers & investors seeking frontage, infrastructure, proven growth indicators, & entry into one of North Texas's accelerating secondary markets, this property offers scale, timing, & optionality at an attractive price basis, representing one of the best opportunities on the market today.
Location
State TX
County Hunt
Zoning Currently all zoned commercial
Direction See GPS
Exterior
Utilities Available All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Phone Available, Sewer Available
Garage No
Building
Lot Description Acreage, Cleared
Structure Type Other
Others
Special Listing Condition Aerial Photo, Utility Easement
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21133369
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Listed by Amanda Rupley • Compass RE Texas, LLC
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Crissy Robinson
REALTOR® | Lic# 0585684