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    655 Loop 323 Loop Tyler, TX 75706

    For Sale
    $1,200,000

    High-traffic location, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 18.44-acre land parcel, located at 655 W Northwest Loop 323 in Tyler, Texas, presents a compelling investment opportunity. Its strategic location offers unparalleled access to major transportation arteries. Situated approximately two miles from Highway 69 and N Gentry Parkway, and just minutes from Interstate 20, this property benefits from exceptional visibility and convenient access for businesses and commuters. The high daily traffic count of approximately 18,950 vehicles ensures significant exposure, making it ideal for a variety of commercial ventures. The property's size allows for substantial development potential, catering to projects requiring ample space. Tyler's diverse economy, encompassing healthcare, education, manufacturing, and agriculture, provides a robust and stable market for commercial growth. This land parcel is well-positioned to capitalize on Tyler's thriving business environment and offers significant potential for long-term return on investment. The property is ready for development and presents a unique opportunity for investors and entrepreneurs seeking to establish a presence in this dynamic Texas city. Serious inquiries are encouraged to explore the possibilities of this remarkable land offering.

    Property Features for 655 Loop 323 Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    803,246 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.30772
    Latitude
    32.39236

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 655 Loop 323 Loop Tyler, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    655 Loop 323 Loop Tyler, TX 75706
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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
    655 Loop 323 Loop Tyler, TX 75706
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