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3005 Division & King 2 Land Properties in Greenville, TX



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.
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 | Individually For Sale | 1 |
| Status | Active | Total Land Area | 11.57 AC |
| Number of Properties | 2 |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Land Area | 11.57 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
|
3005 Division St & 0 King St Greenville TX
King St st @ Division St, Greenville, TX 75401 |
Land | 7.70 AC | - |
|
3005 Division & King St - 7.7 AC Infill Land
3005 Division & King St, Greenville, TX 75401 |
Land | 3.87 AC | $950,600 CAD |
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3005 Division & King
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