3005 Division Street

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3005 Division Street

Greenville, TX 75401
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

​3.87 Acres in Central Greenville Location Near Major Local Corridors <ul><li>​Existing ±47,826 SF building footprint sold for land value</li><li>​City water, city sewer, and electricity on-site</li><li>​Central Greenville location near major local corridors</li><li>​Future Land Use supports multifamily across the full assemblage</li><li>​Parcel configuration supports more flexible site planning</li><li>​Infill setting fits developers targeting in-town residential demand</li><li>​Existing building area creates repositioning or teardown flexibility</li><li>​Assembl

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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