3005 Division St - 3.87 In-fill Acres in Greenville, TX
3.87 Acres in Central Greenville Location Near Major Local Corridors
Marketing description
M&D CRE is pleased to present a premier 3.87-acre infill redevelopment assemblage in Greenville, TX—offering the scale, location, and land-use positioning sought by today's multifamily and senior housing developers. The offering consists of 3.87 acres at 3005 Division St. The site includes an existing ±47,826 SF building footprint being offered for land value, creating a substantial redevelopment canvas with added flexibility for planning, phasing, or site reconfiguration. With city water, city sewer, and electricity already on-site, the property offers a meaningful head start over typical raw land opportunities.
Well suited for infill-oriented buyers, the assemblage combines central location, existing utility access, and favorable future land-use alignment in one offering. 3005 Division St is currently zoned SF-2, and the City's Future Land Use overlay designates for Multi-family use. Located just off the Wesley St corridor with convenient access to downtown Greenville and Joe Ramsey Blvd/Hwy 69, the site offers the kind of in-town connectivity and redevelopment potential that is increasingly difficult to find at this scale. For buyers pursuing multifamily, assisted living, or other residential redevelopment concepts, this is a compelling opportunity to control a large infill position in an established Greenville setting.
Investment highlights
- Existing ±47,826 SF building footprint sold for land value
- City water, city sewer, and electricity on-site
- Central Greenville location near major local corridors
- Future Land Use supports multifamily across the full assemblage
- Parcel configuration supports more flexible site planning
- Infill setting fits developers targeting in-town residential demand
- Existing building area creates repositioning or teardown flexibility
- Assemblage scale is harder to find in established city locations
- Suited for developers seeking larger land position rather than smaller scattered sites
- Site size supports campus-style senior housing planning
- In-town setting can benefit residents, families, and staff accessibility
- Land area allows room for drives, parking, drop-off, and open space
- Existing footprint offers options for reuse study, removal, or phased redevelopment
- Residential-oriented land use direction supports care-related redevelopment vision
- Well suited for operators seeking a sizeable infill location for a purpose-built project
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