HIGHWAY 155 COMMERCIAL LAND FOR SALE

Vacant Land for Sale
Catylist Listing ID: 30319824
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 0.70 Acres
Sale Price: $110,000
Unit Price: $157,142 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/26/2018

Overview / Comments

Nice, affordable, 2 lots totaling .699 acres, 192' of Highway frontage, Great visibility from both directions and across the street from Lake Palestine (water view). Property has small 12' x 20' building on it, (roof damaged, leaks) one lot had asphalt pavement and pipe barriers for a used car lot. The other lot has a billboard sign on it with small annual income. Stop by and walk the property, look for the property stakes that outline the estimate lot lines to see just how big it is.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: Smith County
Tax ID/APN: R136153
Property Visibility: Excellent
Legal Description: Lots 13C & 14C Summerfield Center, Smith County
Largest Nearby Street: Hwy 155
Traffic/Vehicle Count: 16,000
Highway Access: Hwy 155
Site Description: level, outside city limits, 2 lots, electric and water available on site.
Area Description: Across the street view of Lake Palestine.
Lot Frontage: 192
Zoning Description: Commercial, retail, office
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water
Water Service: Other
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,269 8,154 14,313
Median Age: 65.55 49.26 45.27
Households: 638 3,476 5,852

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