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Shelby Avenue - 65+/- Acre Opportunity Greenville, TX 65.04 Acres of Agricultural Land Offered at $4,384,046 CAD in Greenville, TX 75402
INVESTMENT HIGHLIGHTS
- The Site is located within a mile of newly constructed homes priced up to $370,000.
- The Site is zoned Agricultural, and the future land use is “Residential - Multifamily,” which calls for high density residential uses.
- Per the US Census Bureau, Greenville has a population of approximately 32,717 an increase of 16.2% since 2020.
- The Site is just over a mile north of Interstate 30 and a mile south of Highway 380.
- The Seller has a conceptual site plan depicting a variety of uses including multifamily, townhomes, and single family.
- According to Texas Realtors, the median home price in Greenville in Q1 2025 was a 6.6 percent increase year-over-year.
EXECUTIVE SUMMARY
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 65.04+/- acres (the “Site”) located along Shelby Avenue in Greenville, TX. The Site is located just one and a half miles north of Interstate 30 and only a mile south of Highway 380. The Site is ideally positioned within the southern section of Greenville, which has seen the majority of the new residential and commercial developments to the area.
The Site is zoned Agricultural, and per the future land use map the Site is marked as “Residential - Multifamily,” which calls for high density residential uses. Priced at only $49,000 per acre, this property offers exceptional value in a prime location directly in the path of growth.
A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
The Site is zoned Agricultural, and per the future land use map the Site is marked as “Residential - Multifamily,” which calls for high density residential uses. Priced at only $49,000 per acre, this property offers exceptional value in a prime location directly in the path of growth.
A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
PROPERTY FACTS Under Contract
| Price | $4,384,046 CAD | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 65.04 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Agriculture - Currently zoned for Agriculture with a future use zoning for Multifamily | ||
| Price | $4,384,046 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Multifamily |
| Total Lot Size | 65.04 AC |
| Opportunity Zone |
Yes |
| Zoning | Agriculture - Currently zoned for Agriculture with a future use zoning for Multifamily |
1 LOT AVAILABLE
Lot
| Price | $4,384,046 CAD | Lot Size | 65.04 AC |
| Price Per AC | $67,405.38 CAD |
| Price | $4,384,046 CAD |
| Price Per AC | $67,405.38 CAD |
| Lot Size | 65.04 AC |
1 1
PROPERTY TAXES
| Parcel Number | 28256 | Improvements Assessment | $0 CAD |
| Land Assessment | $21,796 CAD | Total Assessment | $21,796 CAD |
PROPERTY TAXES
Parcel Number
28256
Land Assessment
$21,796 CAD
Improvements Assessment
$0 CAD
Total Assessment
$21,796 CAD
CONTACTS
-
Jordan Cortez -
Mason John -
Haley Birmingham -
Reid Pierce -
Will Droese -
Alex Johnson -
Tim Marron -
Justin Tidwell -
Vanguard Real Estate Advisors
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Shelby Avenue - 65+/- Acre Opportunity Greenville, TX
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