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    16393 Highway 31 Tyler, TX 75709

    Sponsored
    For Sale
    $1,444,014

    Commercial, Industrial,Land Only - Tyler, TX

    Days on Market:
    478
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 16393 Highway 31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R042392
    Parking features
    None

    Building Details

    Architectural style
    Other

    Staples Commercial Group LLC (903) 266-2900

    Listing agent Ray Ver Hey (903) 266-2900

    Listing date Sep 18, 2024

    MLS# 107671 Listing URL

    Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Land in Tyler

    This property features over 1,550 feet of road frontage on HWY 31 and 483 feet on FM 2661. The location benefits from over 20,000 cars passing daily and offers elevated visibility. Situated approximately 1 mile from Toll Road 49 and 6 miles from Tyler, the property combines rural tranquility with urban proximity. The land is divided into five smaller parcels, offering buyers the flexibility to acquire individual lots or the entire property. Potential access to city sewer services is available. Approximately 75% of the land has been recently mulched and cleared, making it suitable for new business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Storage Facility Veterinary Clinic Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.389
    Latitude
    32.3085

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    FAQs

    What type of property is this?
    Commercial land - Prime land with highway frontage, ideal for business ventures.
    Where is this commercial land located?
    The property is located at 16393 Highway 31 Tyler, TX.
    What is the asking price?
    The asking price for this property is $1,444,014.
    What are key features of this property?
    This property features: - Over 1,550 feet of road frontage on HWY 31 and 483 feet on FM 2661.; - High traffic count: Over 20,000 cars passing daily.; - Excellent visibility due to elevated position.
    (903) 343-6629
    Request Owner's contact information
    16393 Highway 31 Tyler, TX 75709
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    Tyler, TX 75709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16393 Highway 31 Tyler, TX 75709
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