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3005 Division St
Greenville, TX 75401
3005 Division St & 0 King St Greenville TX · Land For Sale
·
7.70 AC
INVESTMENT HIGHLIGHTS
- Great Location comprising of a whole block in the middle of Four (4) popular streets.
EXECUTIVE SUMMARY
Recommendations:
You can build a small sub-division with 40 SFR (Single Family Residential) homes on both Lands totaling 7.70 Acres at an average cost of 200k per Unit approximately whereas the Sales Price may be upto 300k.
To start with this project, you can build 20 SFR homes initially on (LOT 11-R 3.83 ACRES) the land that is vacant and start selling those first before launching the 2nd phase.
Meanwhile the vacant building on LOT 9-R ACRES 3.87 might be used for a Senior Living (+55 Yrs) or an Assisted Living Project which are getting quite popular these days because on increased baby boomers (people born between 1946 and 1964) population.
Your Architect can make plans accordingly. Please let me know if you need any further info.
Don't contact the seller, they would llike to not receive! Reach out to the broker about the property.
You can build a small sub-division with 40 SFR (Single Family Residential) homes on both Lands totaling 7.70 Acres at an average cost of 200k per Unit approximately whereas the Sales Price may be upto 300k.
To start with this project, you can build 20 SFR homes initially on (LOT 11-R 3.83 ACRES) the land that is vacant and start selling those first before launching the 2nd phase.
Meanwhile the vacant building on LOT 9-R ACRES 3.87 might be used for a Senior Living (+55 Yrs) or an Assisted Living Project which are getting quite popular these days because on increased baby boomers (people born between 1946 and 1964) population.
Your Architect can make plans accordingly. Please let me know if you need any further info.
Don't contact the seller, they would llike to not receive! Reach out to the broker about the property.
PROPERTY FACTS In Escrow
1 LOT AVAILABLE
Lot 11R & 9R
| Price | $900,000 | Lot Size | 7.70 AC |
| Price Per AC | $116,883.12 |
| Price | $900,000 |
| Price Per AC | $116,883.12 |
| Lot Size | 7.70 AC |
S4385 ORIG TOWN OF GREENVILLE BLK 280 LOT 9R ACRES 3.87(REPLAT) AND S4385 ORIG TOWN OF GREENVILLE BLK 280 LOT 11R ACRES 3.83(REPLAT) TOTALLING 7.7 ACRES OF PRIME LAND LOCATED RIGHT INTO THE MIIDLE OF ORIGINAL TOWN OF GREENVILLE.
DESCRIPTION
Summary - The total land size including improvements at 3005 Division Street is 7.70 Acres comprising of LOT 9-R (3.87 Acres) and LOT 11-R (3.83 Acres). There is a 47,826 SF school building previously occupied by Church (now vacant) on LOT 9-R ACRES 3.87 (REPLAT). LOT 11-R 3.83 ACRES is Land only without any improvements.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20 | |
| Land Assessment | $419,260 | Total Assessment | $419,280 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$419,260
Improvements Assessment
$20
Total Assessment
$419,280
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