For Sale
$12,989,900

8903 Wesley StGreenville, TX 75402

42 Acres, High Visibility, I-30 Access

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 42.601-acre commercial land parcel in Greenville, Texas, presents a remarkable investment opportunity. Located within city limits, this property boasts 1178 feet of frontage on Wesley Street (State Hwy 34), offering unparalleled visibility and accessibility. Its strategic location is less than one mile from I-30 and 2.5 miles from FM 1570, ensuring convenient access for businesses and residents alike. The current zoning is Commercial-City, allowing for a wide range of development possibilities, including general retail, mixed-use, light industrial, and multi-family or single-family residential. The seller is willing to subdivide the property to accommodate various development plans. Utilities including water, sewer, and electric are readily available. The property has already undergone excavation, simplifying the development process. This area is experiencing rapid growth, with over 2500 homes under construction or planned within a two-mile radius, and new businesses are continually emerging nearby, including Wildcaters and Stainbeck commercial developments. The Texas Department of Transportation plans to widen Hwy 34, further enhancing accessibility and visibility. The current daily traffic count on Hwy 34 is between 23,000 and 25,000 vehicles. The asking price is $12,989,900, with a land value of $9.50 per square foot. This is a rare opportunity to acquire a large, high-visibility commercial tract in a thriving Texas market. 40.479 acres are currently zoned Commercial-Ag Exempt.

Highlights

  • 42.601-acre commercial land parcel in Greenville, TX, within city limits.
  • 1,178 feet of frontage on Wesley Street (State Hwy 34), less than one mile from I-30 and 2.5 miles from FM 1570.
  • Commercial-City zoning, allowing for retail, mixed-use, light industrial, and residential development; seller will subdivide.
  • Utilities available; site is excavated; high daily traffic count (23,000-25,000 vehicles) on Hwy 34, planned widening by TxDOT.
  • $12,989,900 asking price ($9.50/sq ft); surrounding area shows rapid growth with new residential and commercial development.

Property Details for 8903 Wesley St

Property type
Land
Lot Size (sq. ft)
1,855,700 SF

Location Insight

City
Greenville
County
Hunt
State
Texas
Latitude
33.0862569
Longitude
-96.107192
8903 Wesley St, Greenville, Texas

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8903 Wesley St
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