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5711 Industrial Drive St - 5 Acres MF Zoned and Approved for 120 Units 5 Acres of Residential Land Offered at $2,499,999 in Greenville, TX 75402
Investment Highlights
- Near major highways (I-30, US-69, US-380) and railroads (BNSF, Kansas City Southern, Union Pacific)
- Near top employers: L3Harris, WestRock, Solvay, Masonite, etc.
- Within Greenville Independent School District with 12 campuses
- Fast-growing population: 28,164 (2020) ? 32,717 (2023)
- 10 minutes from The Greenbelt (residential, commercial, leisure space)
Executive Summary
The 5-acre property is currently zoned and entitled for 120 multifamily units. Building permits have been issued and the site is shovel-ready for a developer.
- Zoned and entitled for 120 multifamily units
- Shovel-ready with building permits issued
- One- and two-bedroom floor plans
- Frontage along U.S. Highway 69
- 16.2% population growth (2020–2023)
- Projected 40,000+ population by 2030
- Limited new supply in the market
- 45-minute drive to Downtown Dallas
- Average household income within 5 miles: $64,000
- Close to major employers like L3Harris and WestRock
- 10 minutes from The Greenbelt, a 325-acre mixed-use project
- Zoned and entitled for 120 multifamily units
- Shovel-ready with building permits issued
- One- and two-bedroom floor plans
- Frontage along U.S. Highway 69
- 16.2% population growth (2020–2023)
- Projected 40,000+ population by 2030
- Limited new supply in the market
- 45-minute drive to Downtown Dallas
- Average household income within 5 miles: $64,000
- Close to major employers like L3Harris and WestRock
- 10 minutes from The Greenbelt, a 325-acre mixed-use project
Property Facts
1 Lot Available
Lot
| Price | $2,499,999 | Lot Size | 5.00 AC |
| Price Per AC | $499,999.80 |
| Price | $2,499,999 |
| Price Per AC | $499,999.80 |
| Lot Size | 5.00 AC |
Marcus & Millichap Real Estate Investment Services is pleased to present the exclusive offering of a land development opportunity located 45 minutes east of Dallas in Greenville, Texas. Property is fully entitled for 120 Multi-Family Units.
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 237441 | Improvements Assessment | $0 |
| Land Assessment | $732,500 | Total Assessment | $732,500 |
Property Taxes
Parcel Number
237441
Land Assessment
$732,500
Improvements Assessment
$0
Total Assessment
$732,500
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5711 Industrial Drive St - 5 Acres MF Zoned and Approved for 120 Units
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