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Investment Highlights

  • 7.7-acre infill redevelopment assemblage with existing ±47,826 SF building footprint sold for land value
  • Future Land Use supports multifamily across the full assemblage
  • City water, city sewer, and electricity on-site

Executive Summary

M&D CRE is pleased to present a premier 7.7-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 two adjacent parcels totaling 7.7 acres: 3.87 acres at 3005 Division St and 3.83 acres on King 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. King St is currently zoned Multi-family, 3005 Division St is currently zoned SF-2, and the City’s Future Land Use overlay designates the full 7.7-acre assemblage 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.

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 1
Total Land Area 11.57 AC
  • Listing ID: 40368251

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 3005 Division & King, Greenville, TX

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