20Lot Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30769416
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 5.82 Acres
Sale Price: $150,000
Unit Price: $25,773 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/25/2022

Overview / Comments

Twenty lot SFR development opportunity on Bellwood Road. The property is located in the Jones Elementary School, Three Lakes Middle School and Legacy High School attendance zones of Tyler ISD. With a rezone the property could be used for a low density residential rental community.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: Tyler ISD, City of Tyler, TJC and Smith County
Tax ID/APN: 150000085218001000
Zoning: M-1 AND R-1A
Property Located Between: SH 31 W and Shaw Street
Property Visibility: Excellent
Largest Nearby Street: SH 31 W
Feet of Frontage: 1,600
Highway Access: Direct access to Loop 323 and SH 31 W
Airports: Tyler Regional Pounds Airport
Site Description: Mostly level
Area Description: Located in a mature neighborhood in southwest Tyler with easy access to Walmart and Super 1 Foods. Additional services such as QSR and retail are located in the immediate area.
Lot Frontage: 1600
Lot Depth: varies
Zoning Description: M-1 (light industrial) and R-1A (SFR detached)
Development Name: Bellwood Park
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,414 49,833 94,189
Median Age: 28.87 33.97 34.43
Households: 1,075 18,406 36,306


Photograph of Listing Agent

Gary Halbrooks

Venue Properties, Inc. GTAR Commercial Member
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