South Tyler Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30774441
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Office, Residential (Single Family), Self Storage
Gross Land Area: 94.98 Acres
Sale Price: $4,875,000
Unit Price: $51,326 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 1/25/2022

Overview / Comments

Extremely rare to find this much land close to Tyler. The property consist of 94.98 acres of land with twelve buildings and two ponds. The property is well suited for a mixed use development or a single-family user who wants a large tract of land. The property is ideally located in South Tyler on State Highway 155 S with over one-thousand feet of road frontage and is located equidistance between Loop 323 and Toll 49 for convenient access to anywhere in the area / region.

There are twelve buildings that could be converted to residential rental units. Additionally there are recreational facilities such as a basketball court and soccer / baseball / softball field.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: Tyler ISD, Smith County ESD, TJC and Smith County
Tax ID/APN: 100000001809004020
Zoning: NONE
Property Located Between: SH 57 (Grande Blvd) and Toll 49
Property Visibility: Excellent
Legal Description: 94.98 acres +- located in Abstract 18, T. Quevado Survey
Largest Nearby Street: State Highway 155
Feet of Frontage: 1,051
Highway Access: State Highway 155, SH 57 (Grande Blvd), Toll 49 and Loop 323
Airports: Tyler Regional Pounds Airport
Site Description: Rolling
Area Description: The area is developed with a mix of SF residential and commercial properties.
Lot Frontage: 1050
Zoning Description: None
Topography: Rolling
Easements: Electric Lines
Available Utilities: Electric, Water, Gas, Cable, Broadband, Internet Access, Other
Water Service: Other
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,110 21,848 69,960
Median Age: 39.34 38.77 38.1
Households: 446 9,383 28,567


Photograph of Listing Agent

Gary Halbrooks

Venue Properties, Inc. GTAR Commercial Member
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