8903 Wesley Street,Greenville, TX 75402
Greenville, TX 75402
Description
This 42.601 acre tract presents a prime development opportunity inside the Greenville city limits with scale, visibility, & flexibility that is increasingly rare in fast-growing North TX markets. With 1,178 feet of frontage, utilities available including water, sewer, & electric, & the ability to subdivide, this property is well positioned for a mixed-use concept that could include commercial, multi-family, single-family, or a thoughtfully planned combination. The land has already been excavated, offering a head start for development, & currently benefits from a Commercial AG exemption. Location is a major differentiator. The property sits less than one mile from I-30 at Wesley Street, approximately 2.5 miles from FM 1570 & within 3 miles of major employers such as L3 Harris & Innovation First. TxDOT plans to widen Highway 34 & current traffic counts range between 23,000 & 25,000 vehicles per day, adding long-term visibility & accessibility upside. Greenville is experiencing strong, measurable growth. Since 2020, the city has seen a population increase of over 15 percent, outpacing national growth rates, driven by affordability, business expansion, & regional migration from the Dallas metro. Within a two mile radius, approved plats & active developments account for more than 2,500 new homes, creating immediate demand for retail services, housing options, & supporting commercial uses. Surrounding commercial activity continues to expand, reinforcing this corridor as a focal point for future growth. The site is well suited for a mixed-use or age-qualified residential concept paired with nearby retail & services, with zoning flexibility allowing multiple development paths. For developers & investors seeking frontage, infrastructure, proven growth indicators, & entry into one of North Texas's accelerating secondary markets, this property offers scale, timing, & optionality at an attractive price basis, representing one of the best opportunities on the market today.
Details
| MLS # | 21421704 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 9 |
| Listing Provided By | Compass RE Texas, LLC | Amanda Rupley |
Features
| SQ Feet | 1,855,700 |
|---|---|
| Zoning | Currently all zoned commercial |
| Acreage | 42.60 |
Exterior
| Construction Materials | Other |
|---|---|
| Lot Features | Acreage, Cleared |
Utilities
| Utilities | All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Phone Available, Sewer Available |
|---|
Taxes
| Unexempt Taxes | 380 |
|---|---|
| Tax Legal Description | A0811 ODELL JOEL (HUNT COUNTY), TRACT 5-1 & 6, AC |
Area Information
| State | TX |
|---|---|
| County | Hunt |
| City | Greenville |
| Zip Code | 75402 |
| Area | Hunt |
| Community Name | Joel Odell Survey |
| Listing VS Median (in Joel Odell Survey) | |
Price: $7,500,000 low | high Med: $7,500,000 sqft: 1,855,700 low | high Med: 1,855,700 $ / sqft: $4 low | high Med: $4 On site: 9 low | high Med: 9 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Hunt |
| City | Greenville |
| Zip Code | 75402 |
| Area | Hunt |
| Community Name | Joel Odell Survey |
| Listing VS Median (in Joel Odell Survey) | |
Price: $7,500,000 low | high Med: $7,500,000 sqft: 1,855,700 low | high Med: 1,855,700 $ / sqft: $4 low | high Med: $4 On site: 9 low | high Med: 9 | |