Pinegates Village Commercial Land

5545 Pinegates Village Road,
Greenville, TX 75401

 

$2,700,000
Price
386,812
Land SF
$7
Price Per SF
1
# of parcels
8.88
Land Acres
Retail
Zoning Type
$2,700,000
Price
386,812
Land SF
$7
Price Per SF
1
# of parcels
8.88
Land Acres
Retail
Zoning Type

  • Onyx Legacy Group is pleased to present the exclusive offering of Pinegates Village Development Opportunity in Greenville, Texas. This extensive 8-acre parcel features a strategically designated retail zoning, offering an exceptional opportunity for potential development. This zoning allows for the establishment of various amenities, including hotels, service stations, storage facilities, and more. Pinegates Villages is nestled in the heart of Greenville, Texas, the property presents an exceptional opportunity for developers and investors to shape the future of this thriving community. Greenville is a charming city nestled in the heart of Hunt County. Known for its warm Southern hospitality, picturesque landscapes, and a thriving local community.
  • Pinegates Village Road, the artery to this development, provides easy access to Greenville's vibrant downtown area. Stroll along the historic streets, dine at local restaurants, and explore unique boutiques. And when you need a change of scenery, the nearby Landon Winery offers a delightful experience for wine enthusiasts, while the Audie Murphy/American Cotton Museum lets you explore the rich history of this region. In summary, the Pinegates Village parcel in Greenville, Texas, presents an exceptional investment opportunity due to its prime location, strong local economy, rising demand for retail shopping attractions, proximity to Dallas, access to quality education, scenic surroundings, local amenities, investment potential, and the potential for community building. It's a canvas ready for a developer's vision to create a thriving and profitable retail attraction for the local community and traveling visitors.
  • Key Highlights for Greenville Retail Investment: Thriving Retail Environment: Located within a 5-mile radius of this expansive parcel, Greenville boasts a vibrant retail scene. Market Potential: The market within a 20-mile radius generates a substantial $1.5 billion in retail sales, indicating a robust consumer base. Prominent Developments: Notable recent investments in the area include the $21 million Greenville Promenade and the $10 million Kari Beth Krossing, underlining the attractiveness of the local retail market.
  • Growing Focus: The Greenville Town Centre is witnessing a significant influx of investments, particularly in new restaurant constructions, indicating sustained growth potential. Wider Market Reach: A significant 60% of retail sales in the area originate from beyond the immediate 5-mile radius, demonstrating the draw of Greenville as a regional shopping destination. Positive Growth Trend: Retail sales within a 40-mile radius have seen a remarkable increase of 24.7%, pointing to a promising trend in the regional market.

  • Greenville’s strategic location on Interstate 30, a NAFTA trade highway, and on U.S. Highways 380 & 69, in addition to major rail service, gives businesses the opportunity to manufacture and deliver products to points across the continent. Because Greenville is the “IH-30 East Gateway to the Dallas Fort Worth Metroplex”, your company will have access to a labor force of over 899,000 workers within a 40-mile radius. Many of the 21,000-plus employees who currently work in Greenville find the commute easy and convenient.
  • In addition to a wealth of existing retail establishments and restaurants, Greenville has several major existing and planned retail developments. Crossroads Mall, Kari Beth Krossing, Greenville Commons, Greenville Town Center and others offer opportunities for retailers seeking existing space or pad sites in Greenville - a primary Shopping Hub on IH-30 for Hunt County. When you consider Greenville’s prime location, diverse transportation connections, proximity to the Dallas market, low-cost land, abundant skilled workforce, and pro-business attitude, you’ll find we offer you a location of superior value.
  • This spacious 8-acre parcel boasts a strategic commercial zoning designation, with 4 retail pad sites connected to a 17 acre tract of multifamily zoning, presenting a remarkable opportunity for potential development. Greenville, a city on the rise, is underpinned by a robust and diversified economy, marked by thriving sectors such as manufacturing, healthcare, and education. This economic vibrancy ensures a consistent and ever-growing demand for top-tier housing solutions within the area. What further enhances Greenville's allure is its proximity to Dallas, merely an hour's drive away. This geographical advantage positions Greenville as an appealing choice for professionals seeking a tranquil suburban lifestyle while maintaining convenient access to the bustling heart of the city.
FOR MORE DETAILS CONTACT
Mark Allen, CCIM
Managing Principal
(817) 723-4274
Mallen@onyxlg.com
589645
Courtland Charles
Managing Principal
(214) 403-9153
ccharles@onyxlg.com
673649