5711 Industrial Drive St - Residential LAND FOR SALE


Greenville, TX 75402 217,800 SF
$2,499,999 USD
972-755-5151
5711 Industrial Drive St, Greenville, TX for Sale
$2,499,999 USD
Residential LAND - FOR SALE
1/12
217,800 SF

5711 Industrial Drive St
Greenville, TX 75402


HIGHLIGHTS

  • Near major highways (I-30, US-69, US-380) and railroads (BNSF, Kansas City Southern, Union Pacific)
  • Fast-growing population: 28,164 (2020) ? 32,717 (2023)
  • Near top employers: L3Harris, WestRock, Solvay, Masonite, etc.
  • 10 minutes from The Greenbelt (residential, commercial, leisure space)
  • Within Greenville Independent School District with 12 campuses

OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,499,999 USD

PRICE/ACRE

$500,000/AC

PRICE/SF

$11 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5 Acres MF Zoned and Approved for 120 Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

5 AC

LAND SF

217,800 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Multifamily

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David FersingMarcus & MillichapMore Info
972-755-5151

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David FersingMarcus & MillichapMore Info
972-755-5151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.