Glenwood Redevelopment Opportunity

Vacant Land for Sale
Catylist Listing ID: 30479027
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 2.41 Acres
Sale Price: $495,000
Unit Price: $205,394 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2019

Overview / Comments

Rare opportunity for investors. This 2.41 acre tract could be redeveloped to a multi-family development, office park, etc. Located on the northern border of the Azalea District in Tyler, this unique piece of land is ready for development.

This includes the following tracts of land on Glenwood: 724, 800, 804, 808, 812, 816, 820, 826, 830, 834, and 904 PLUS 801 W. Fifth (5th) Street.

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 150000066009015010
Zoning: R-2
Property Located Between: Glenwood Avenue and Fifth (5th) Street
Property Visibility: Excellent
Lot Frontage: Nearly 600' on Glenwood Blvd.
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,292 63,719 103,332
Median Age: 33.55 33.92 34.11
Households: 4,086 23,946 40,064

Contact

Photograph of Listing Agent

Russell Patterson

Patterson Commercial Property Group GTAR Commercial Member
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