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Highway 380 - 000 Hwy 380, Greenville TX 75402 281.55 Acres of Commercial Land Offered at $22,242,450 in Greenville, TX 75402
Investment Highlights
- Massive 281-Acre Canvas: Features 3,000+ feet of direct US-380 frontage with critical dual road access.
- Direct Path of Progress: Strategically positioned on the $8 billion US-380 freeway expansion corridor.
- Unzoned & Ag-Exempt: Maximum development flexibility in Hunt County with nearly zero holding costs.
Executive Summary
Perfect Realty Partners is honored to present this exclusive offering of 281.55 contiguous acres of prime commercial land positioned directly on the US Highway 380 growth corridor in Greenville, Hunt County, Texas. This is among the most consequential large-acreage land investment opportunities available in the North Texas market today—a rare, institutional-scale canvas situated at the precise intersection of explosive regional growth, transformative infrastructure investment, and rapidly accelerating commercial demand. The subject property commands exceptional dual-road frontage on US Highway 380 and County Road No. 2148. This multi-directional access is critical to any large-scale development program. Unzoned under Hunt County's less restrictive development standards and carrying an agricultural tax exemption that makes holding costs negligible, this property is primed for the visionary developer, national institution, or strategic land bank investor seeking a legacy position. INVESTMENT HIGHLIGHTSInstitutional Scale on a Premier Corridor: 281.55 contiguous acres with over 3,000 linear feet of direct US Highway 380 frontage. Tracts of this magnitude are no longer reliably available west of this location. Maximum Flexibility (Unzoned): Located in Hunt County with unzoned status, eliminating the layers of municipal zoning processes that add cost, time, and uncertainty. The buyer has full optionality. Negligible Carry Cost: A current agricultural tax exemption keeps annual holding costs strictly nominal, creating a structural advantage allowing buyers to develop, entitle, or bank this land on their own timeline. Dual Road Access: Primary frontage on US-380 combined with secondary access via CR-2148 creates the dual-entry configuration required by major industrial users, retailers, and master-plan communities. Compelling Value Arbitrage: This offering reflects a genuine price discovery opportunity compared to western comps near McKinney and Princeton, which are trading at significant premiums as the market has absorbed westerly supply. INFRASTRUCTURE & GROWTH CATALYSTS
This site sits directly in the path of progress, surrounded by the fastest-growing municipalities in the United States, including Princeton (#1), Celina (#4), and Anna (#5). It is directly supported by generational infrastructure projects: $8 Billion US-380 Reconstruction: TxDOT is reconstructing US-380 as a controlled-access freeway with $700M in additional 2025 UTP allocations. Collin County Outer Loop (CCOL): Active right-of-way preservation is underway to create a new arterial network connecting the US-380 corridor to southern Collin County. FM 1570 Extension: Fully funded and in active design, this extension will create a new four-lane north-south arterial through Hunt County from US-380 to Highway 66. Walton Group Master Plan: A nearby 6,700-acre master plan (including 1,128 acres for a rail-served industrial park) provides a built-in gravity center drawing additional institutional users eastward. DEVELOPMENT SCENARIOS
The combination of scale, utility availability (Co-op Electric and Co-op Water), and unzoned status opens the door for a remarkably broad range of highly profitable development profiles: Industrial / Distribution Park: 1-30 is accessible within 12 miles. The multi-highway connectivity is ideal for a logistics hub or advanced manufacturing. Data Center / Technology Campus: Texas's regulatory environment, combined with Co-op utility infrastructure and cost-effective land basis, creates a highly compelling data center thesis. Master-Planned Residential & Mixed-Use: 281 acres provides sufficient scale for a 600-900 home community with full amenity programming and highway-facing commercial/retail pads. Large-Format Retail / Power Center: Capturing the massive eastward residential migration and US-380 traffic volumes. Strategic Land Bank: A virtually costless hold for capital preservation and maximum appreciation ahead of the upcoming infrastructure deliveries. PROPERTY SPECIFICATIONSTotal Acreage: 281.55 Acres (12,264,318 SF) Parcel Number: 36199 Legal Description: A1030 Thompson Hiram, Tract 10 Utilities: Co-op Electric Available | Co-op Water Available Topography: Gently Rolling to Flat – Highly Developable Waterway: Creek/Waterway Feature along Southern Boundary Survey: Certified Survey by Stovall & Associates (RPLS No. 4435) completed July 2021 Accepted Financing: Cash, Conventional, 1031 Exchange, Other All details subject to independent buyer verification during due diligence.
Property Facts
| Price | $22,242,450 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 281.55 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | None - Unzoned | ||
| Price | $22,242,450 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 281.55 AC |
| Opportunity Zone |
Yes |
| Zoning | None - Unzoned |
1 Lot Available
Lot
| Price | $22,242,450 | Lot Size | 281.55 AC |
| Price Per AC | $79,000.00 |
| Price | $22,242,450 |
| Price Per AC | $79,000.00 |
| Lot Size | 281.55 AC |
281.55 contiguous acres of prime, unzoned land. Features massive US-380 frontage & dual access via CR-2148. Ag-exempt with negligible hold costs. Ideal canvas for large-scale industrial, mixed-use, residential, or strategic land banking.
Description
Perfect Realty Partners presents a generational land investment opportunity: 281.55 contiguous acres situated directly on the rapidly expanding US Highway 380 corridor in Greenville, Hunt County, Texas. As the Dallas-Fort Worth metroplex experiences unprecedented eastward migration, this unzoned, agricultural-exempt tract represents one of the final remaining institutional-scale canvases available before the next major wave of commercial and industrial demand fully absorbs this corridor. Unmatched Scale & Accessibility The property boasts over 3,000 linear feet of highly visible, direct frontage along US Highway 380. Crucially for large-scale developers and institutional users, the site features a dual-road access configuration, with secondary entry available along the northern boundary via County Road 2148. This multi-directional connectivity is a foundational prerequisite for high-volume industrial parks, logistics operations, master-planned residential communities, and large-format retail centers. The site’s topography is gently rolling to flat, offering highly developable geometry with a natural waterway feature along the southern boundary. The Regulatory & Financial Advantage Located outside standard municipal limits in Hunt County, this property operates with an entirely unzoned status, offering absolute maximum development flexibility. Buyers can bypass the costly, time-consuming municipal entitlement, rezoning, and public hearing battles typical of neighboring Collin County. Furthermore, an active agricultural tax exemption keeps annual holding costs strictly nominal. This structural advantage allows visionary developers to plan, entitle, or strategically land-bank the property on their own timeline without the cash-burn pressure of market-rate tax assessments. An Infrastructure Supercycle The long-term value of this site is heavily underpinned by monumental, state-funded infrastructure investments. Most notably, TxDOT has committed to an estimated $8 billion reconstruction of the US-380 corridor into a controlled-access freeway. Additionally, the fully funded FM 1570 extension will create a new north-south arterial through Hunt County, and active corridor preservation is already underway for the Collin County Outer Loop. Buyers securing this site today will capture the massive appreciation cycle that historically follows freeway delivery. Strategic Market Position Positioned just 33 miles east of McKinney, the property sits directly in the crosshairs of DFW's path of progress. Surrounding municipalities like Princeton, Anna, and Celina consistently rank among the fastest-growing cities in the United States. Major corporate relocations to the northern DFW sector have pushed residential and commercial demand eastward, driving massive capital into Hunt County. The nearby 6,700-acre Walton Group master plan further validates the institutional demand shifting into this specific submarket. Interstate 30 is easily accessible just 12 miles to the south, providing rapid regional distribution vectors. Endless Optionality Whether envisioned as a regional logistics hub, a sprawling technology and data center campus, a healthcare-anchored mixed-use district, or a legacy residential master plan, this 281.55-acre site provides the scale, access, and regulatory freedom to execute your vision. Co-op electric and co-op water utilities are available to the site, and a certified boundary survey completed by Stovall & Associates (July 2021) is on file. All details are subject to independent buyer verification during the due diligence period.
Property Taxes
| Parcel Number | 36199 | Improvements Assessment | $0 |
| Land Assessment | $68,530 | Total Assessment | $68,530 |
Property Taxes
Contact the Sale Advisor
Highway 380 - 000 Hwy 380, Greenville TX 75402