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3907 Lee St 7,410 SF Specialty Building Offered at $499,000 in Greenville, TX 75401
Investment Highlights
- Prime downtown location with high traffic exposure
- Open interior with abundant natural light
- Flexible zoning for multiple commercial uses
- Positioned for long-term growth east of DFW
Executive Summary
Rare downtown Greenville property offering ±7,410 SF on a ±0.4-acre site. Positioned along Lee Street with strong visibility and walkable access to retail, dining, and entertainment. Flexible zoning supports retail, office, or creative concepts. Open layout with high ceilings and floor-to-ceiling windows. Fully serviced with gas, electricity, water, and sewer.
Located in a pro-business market along the I-30 growth corridor, Greenville provides affordability and long-term demand compared to core DFW markets. Projected pro forma cap rate of ±14.84% and NOI of ±$88,920 at $12.00 PSF NNN creates strong yield potential for investors or owner-users.
Located in a pro-business market along the I-30 growth corridor, Greenville provides affordability and long-term demand compared to core DFW markets. Projected pro forma cap rate of ±14.84% and NOI of ±$88,920 at $12.00 PSF NNN creates strong yield potential for investors or owner-users.
Property Facts
| Price | $499,000 | Building Class | C |
| Price Per SF | $67.34 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 7,410 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Religious Facility | Year Built/Renovated | 1965/2000 |
| Price | $499,000 |
| Price Per SF | $67.34 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 7,410 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2000 |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 72316 | Improvements Assessment | $81,003 |
| Land Assessment | $63,997 | Total Assessment | $145,000 |
Property Taxes
Parcel Number
72316
Land Assessment
$63,997
Improvements Assessment
$81,003
Total Assessment
$145,000
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3907 Lee St