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$599,000 Just Listed
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Property Description
State Farm sale-leaseback investment opportunity featuring a ±2,737 SF freestanding commercial building on ±0.437 acres at 2814 Terrell Road, Greenville, Texas. The property is commercially zoned, offers on-site parking, and is located on a high-visibility commercial corridor. Seller will execute a new five-year NN lease at closing with 2% annual rent escalations and two 5-year renewal options, providing stable income with a 6.85% going-in cap rate and long-term investment potential.
Full Property Details
Full Property Details for 2814 Terrell Rd
General
- Price: $599,000
- Status: Active
- Type: Office
- Source: NTREIS
- MLS ID: 21343766
- Updated: 7/29/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Concrete, Ceramic Tile, Vinyl
Parking
- Parking Features: Asphalt
Location
- County: Hunt
- Subdivision: Greenville
- Driving Directions: Please use GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, None, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Other
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,737
- Sq. Ft. Source: Public Records
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.437
- Lot Size (Sq. Ft.): 19,035.72
- Lot Size Source: Public Records
- Potential Use: Office, Other, Retail
- Zoning: Commercial
Financial Considerations
- Tenant Pays: All Utilities, Common Area Maintenance, Electricity, Gas, Insurance, Other, Sewer, Taxes
Disclosures and Reports
- Inclusions: Building Only
- Property ID: 45031
Listed by KARE Investment Sales & Leasing, Karan Aulakh , CCIM
Get Pre-Approved Today
Schools
Schools serving 2814 Terrell Rd
School District:Greenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Bowie Elementary School, Greenville, TX 6005 Stonewall Street, Greenville, TX 75402 | K-4 | 0.3 mi |
Greenville Middle School 3611 Texas Street, Greenville, TX 75401 | 7-8 | 1.7 mi |
Greenville High School 3515 Lions Lair Road, Greenville, TX 75402 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2814 Terrell Rd
Date
Details
Price
Change
Source
7/29/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2814 Terrell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,777
-1%
$480,210
1%
2023
$9,871
—
$477,250
—
2023
$9,871
45%
$478,690
57%
2022
$6,818
4%
$304,090
10%
2021
$6,544
-3%
$275,670
2%
2020
$6,735
-4%
$270,000
—
2019
$7,045
-3%
$270,000
—
2018
$7,287
—
$270,070
2%
2017
$7,258
—
$263,770
—
2016
$7,282
5%
$263,500
8%
2015
$6,909
1%
$244,770
2%
2014
$6,815
9%
$240,860
2%
2013
$6,246
—
$236,860
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2814 Terrell Rd
2814 Terrell Road, Greenville, TX 75402 (MLS# 21343766) is a Office property. 2814 Terrell Road is currently listed for $599,000 and was received on July 29, 2026. Want to learn more about 2814 Terrell Road? Do you have questions about finding other Office real estate for sale in Greenville? You can browse all Greenville real estate or contact a Coldwell Banker agent to request more information.

