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$750,000

4800 Joe Ramsey Blvd E, Greenville, TX, 75401

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths5,120 Sq Ft
RetailRetail
Year BuiltBuilt in 2014

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size1 acre

Building Information

Year Built2013
Stories1

Land Information

APN2094-0010-0010-41
Lot Number1
SubdivisionAnytime Fitness Addition
Land UseCommercial
Legal DescriptionS2094 ANYTIME FITNESS ADDITION BLK 1 LOT 1 ACRES 1.0
Census Tract960900
Assessed Land Value$152,460
Assessed Improvement Value$562,120
Assessment Year2025

About this property

6.04% CAP RATE - 5,120 SF - ±4 YEARS 4 MONTHS REMAINING - NATIONAL-BRAND FRANCHISE TENANT Income-producing commercial investment opportunity with an established tenant in place. This 5,120 SF property offers approximately 225 feet of frontage along Highway 69, 40 parking spaces, sprinklered and landscaped grounds in a high-traffic, highly visible location directly across from Hunt Regional Medical Center. The current tenant is a multi-unit franchisee operating under the largest gym franchise in the world. The tenant began a new 5-year lease term on November 25, 2025, providing approximately 4 years and 4 months of remaining lease term, with an additional 5-year option featuring a 10% rent increase. At the current listing price, the property offers an approximate 6.04% cap rate. Highway 69 frontage, proximity to Hunt Regional Medical Center, ample parking, and an established national-brand franchise location combine to create a compelling opportunity for an investor seeking an income-producing commercial asset with long-term lease potential. Contact listing agent for lease details, financial information, and additional property documentation.

Investor Tools

$0Estimated Mortgage Balance
$714,580Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

James Hulett

Century 21 First Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,316
$714,580
2025
$152,460
$562,120
$714,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,316
$714,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$714,580
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Greenville

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4800 Joe Ramsey Blvd E | Property Details | No Agent List