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Real Estate is Great at Judge Fite

Real Estate is Great at Judge Fite. FOR SALE. 281 Acres on Highway 380 Greenville, TX Perfect for almost any development – commercial, warehousing or residential. 3000 Feet of frontage on Highway 380. Flat land with little maintenance. Historical Facts Agricultural – still being farmed

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Real Estate is Great at Judge Fite

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  1. Real Estate is Great at Judge Fite

  2. FOR SALE 281 Acres on Highway 380 Greenville, TX Perfect for almost any development – commercial, warehousing or residential

  3. 3000 Feet of frontage on Highway 380

  4. Flat land with little maintenance • Historical Facts • Agricultural – still being farmed • Old house used to be on the property, but has been removed quite some time ago • Ownership has been with the same family for many years

  5. Many Options Available • Not currently zoned • Potential Usage: • Distribution Center(s) • Commercial on road frontage with residential to the rear • Factory • All residential

  6. Benefits • Caddo Basin Water District has expanded water lines to 12” anticipating growth • Rear access to the property is available off County Road 2148 • Railroad line is within 4 miles • Greenville city is within 5 miles • Highway 380 will provide main thoroughfare between I-35 in Denton and I-30 in Greenville

  7. More Benefits • No zoning restrictions • Flat land with few trees to clear • Greenville airport within 7 miles includes an 8000 foot runway • Collin County outer loop highway has been approved and planned to run within 5 miles to the west

  8. Significant Events • TXDOT has purchased nearly 10 acres to enable widening of Highway 380 • Work has begun from county line to the city • Comparables resulted in payment above current asking price • Walton, Inc. has purchased over 6600 acres totally surrounding the property • Greenville Council has approved MUD • Development expected to occur over next several years

  9. Proposed Walton Development(arrow indicates location of this property – surrounded by the MUD)

  10. Projection • Greenville has been compared to McKinney in 1980 – growth is projected • Land prices along the portions of Highway 380 that have already been widened have risen significantly – causing the belief that this property will do likewise • The MUD development will significantly contribute to growth of this corridor

  11. 281 Acres on Highway 380Greenville, TXListed by Century 21 Judge Fite CompanyWayne Hinton – 214.693.9892

  12. Real Estate is Great at Judge Fite

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