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US Highway 380
Greenville, TX 75401
Land For Sale · 703.59 AC

INVESTMENT HIGHLIGHTS

  • Rail served
  • Industrial
  • Master plannned

PROPERTY FACTS

Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Master Planned Community
Total Lot Size 703.59 AC

DESCRIPTION

Walton currently administers a master plan of approximately 6,700 acres west of Greenville, Texas, which we believe provides excellent opportunities for residential, commercial and industrial development. Approximately 1,128 acres is slated for a rail-served industrial park. The Greenville/Wylie corridor is benefitting from the enormous growth being created by the Corporate relocations in Richardson (State Farm & Raytheon), Plano (Toyota, FedEx and Liberty Mutual) and Frisco (Dallas Cowboys Headquarters). The development site is easily accessible from all four directions via US-380, Hwy 69, IH-30 and IH-45. Additionally, the extension of FM 1570 has been funded and is now in the design stage. The expanded corridor will be four lanes from US-380 to Hwy 66; and continue on to I-30 as a two lane roadway which will be expanded as needed in future years. The industrial park has approximately 8,000 LF of Kansas City Southern (KCS) rail line frontage through the property. KCS is open to adding a spur to service an industrial park as needed. The owner has established a Municipal Utility District (MUD) for the property. This MUD provides the ability to sell bonds to reimburse the costs in developing water, sanitary sewer, roads and rail infrastructure.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 38033
  • 29346
  • 29306
  • 29345
Land Assessment
$263,620
Improvements Assessment
$555,020
Total Assessment
$818,640
  • Listing ID: 3890379

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: US Highway 380, Greenville, TX 75401

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