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5906 Lee St - Greenville 380 facing land 12 Acres of Agricultural Land Offered at $1,500,000 in Greenville, TX 75401
Investment Highlights
- Approximately 12 acres with direct frontage along US Highway 380, offering visibility and access for a variety of development concepts.
- Existing residence provides tear-down value, allowing for a streamlined path toward site redevelopment.
- Three usable sides and a favorable site layout accommodate efficient planning, circulation, and project design.
- Flexible development potential suitable for flex industrial, warehouse, mixed-use, or multifamily projects.
- Utilities available on site, supporting reduced infrastructure requirements and development timelines.
- Positioned within Greenville’s expanding US 380 corridor amid ongoing commercial and residential growth activity.
Executive Summary
The property includes an existing residence that is considered tear-down value, providing immediate US Highway 380 frontage and a clear path for redevelopment. With three usable sides and a favorable site configuration, the acreage supports efficient planning, circulation, and large-scale development opportunities. Utilities are available on site, helping streamline infrastructure planning and project execution.
Surrounded by ongoing commercial investment, new residential development, and increasing activity along the US 380 corridor, the property offers a compelling opportunity for developers and investors seeking a well-positioned land holding in a growing North Texas market. Its combination of frontage, accessibility, utility availability, and development flexibility creates a rare opportunity to secure a sizeable tract with multiple potential end uses and long-term value creation potential.
Property Facts
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 12.00 AC |
| Price Per AC | $125,000.00 |
| Price | $1,500,000 |
| Price Per AC | $125,000.00 |
| Lot Size | 12.00 AC |
Approximately 12 acres with direct US Highway 380 frontage in Greenville. Utilities are available on site, with strong visibility, access, and flexible potential for industrial, warehouse, mixed-use, or multifamily development.
Description
Prime Development Opportunity | 12± Acres | US Hwy 380 Frontage | Greenville Exceptional 12± acre development site prominently located along US Highway 380 in a rapidly growing, high-traffic corridor of Greenville. This highly accessible parcel offers outstanding visibility and flexibility, making it ideal for flex warehouse, mixed-use, or multifamily development. The property includes an existing residence that is considered tear-down value, providing immediate US Hwy 380 frontage and clear redevelopment potential. With three usable sides and favorable site configuration, the acreage supports efficient large-scale development planning. All utilities are available on site, significantly reducing entitlement and infrastructure timelines. Surrounded by accelerating commercial and residential growth, this location benefits from strong traffic counts, expanding population density, and long-term appreciation drivers. Highlights: • ±12 acres with prime US Hwy 380 frontage. • Ideal for Flex Industrial, Warehouse, or Multifamily. • Existing structure valued for land use (tear-down). • All utilities on site. • Excellent access and visibility. • Located in a high-growth, high-traffic corridor. • Strong investment and redevelopment upside. • A rare opportunity to secure a large, well-positioned development tract in one of Greenville’s most dynamic growth markets.
Property Taxes
| Parcel Number | 29387 | Improvements Assessment | $0 |
| Land Assessment | $1,730 | Total Assessment | $1,730 |
Property Taxes
