Investment Overview

The Greenville Self-Storage Development Land offers a fully entitled 4.64-acre commercial parcel approved for a three-story, Class-A, 100 percent climate-controlled self-storage facility totaling 547 units and 70,475 rentable-square feet. Situated just off Interstate 30, the planned structure’s height will provide excellent visibility from the highway, taking advantage of Greenville’s fastest-growing commercial corridor. All major city approvals are complete, with only a routine flood study remaining. The property lies well outside any FEMA-designated floodplain, and the civil engineer expects this final step to be completed within weeks—clearing the project for immediate permitting and construction. The Greenville market remains notably under-served for climate-controlled product. Most existing facilities are older, drive-up operations with limited visibility and dated features. Only one true Class-A competitor exists in the immediate area, leaving a clear opening for a modern facility capable of capturing tenants seeking secure, climate-controlled storage. Local operators are achieving healthy occupancy and rent growth, signaling strong absorption potential once delivered. The surrounding corridor features rapid residential and commercial expansion. New single-family communities such as Forest Ridge by Altura Homes and active developments near Jack Finney Boulevard are drawing consistent in-migration, while retail and restaurant growth along Roy Warren Parkway continues to attract national brands. City projections indicate more than 2,000 multifamily units in the development pipeline, supported by traffic counts exceeding 48,000 vehicles daily. With approvals in place and only a brief procedural item outstanding, the Greenville Self-Storage Development Land represents a near-shovel-ready opportunity to deliver a best-in-class facility in a high-growth North Texas submarket.