8903 Wesley Street

Description

This 42.601 acre tract presents a prime development opportunity inside the Greenville city limits with scale, visibility, & flexibility that is increasingly rare in fast-growing North TX markets. With 1,178 feet of frontage, utilities available including water, sewer, & electric, & the ability to subdivide, this property is well positioned for a mixed-use concept that could include commercial, multi-family, single-family, or a thoughtfully planned combination.The land has already been excavated, offering a head start for development, & currently benefits from a Commercial AG exemption. Location is a major differentiator. The property sits less than one mile from I-30 at Wesley Street, approximately 2.5 miles from FM 1570 & within 3 miles of major employers such as L3 Harris & Innovation First. TxDOT plans to widen Highway 34 & current traffic counts range between 23,000 & 25,000 vehicles per day, adding long-term visibility & accessibility upside.Greenville is experiencing strong, measurable growth. Since 2020, the city has seen a population increase of over 15 percent, outpacing national growth rates, driven by affordability, business expansion, & regional migration from the Dallas metro. Within a two mile radius, approved plats & active developments account for more than 2,500 new homes, creating immediate demand for retail services, housing options, & supporting commercial uses.Surrounding commercial activity continues to expand, reinforcing this corridor as a focal point for future growth. The site is well suited for a mixed-use or age-qualified residential concept paired with nearby retail & services, with zoning flexibility allowing multiple development paths.For developers & investors seeking frontage, infrastructure, proven growth indicators, & entry into one of North Texas’s accelerating secondary markets, this property offers scale, timing, & optionality at an attractive price basis, representing one of the best opportunities on the market today.