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    7501 C R 35 Tyler, TX 75706

    For Sale
    $980,100

    5 Acres, 927 Unit Potential, Opportunity Zone

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 5-acre commercial lot in Tyler, Texas presents a unique investment opportunity. Located in an Opportunity Zone, this property offers significant tax advantages. A comprehensive concept plan outlines a proposed 927-unit self-storage facility totaling 106,225 square feet. This development sits within a rapidly growing area, benefiting from the proximity to the expanding North Chase master-planned community and the 335 Loop at N Broadway. Its location within the 5-mile ETJ of Tyler simplifies the development process, eliminating the need for zoning approvals. A detailed market study, included with the sale, confirms substantial demand for additional self-storage units in this market, with existing competitors boasting occupancy rates of 90% or higher. The study provides a thorough analysis of the competitive landscape and supports the viability of this project. Detailed concept plans and professional consultation reports are available upon request, providing potential investors with a comprehensive understanding of the project's potential. This is a turnkey opportunity to capitalize on the burgeoning growth in Tyler, Texas. Don't miss this chance to acquire a prime piece of land poised for significant returns.

    Property Features for 7501 C R 35

    General Information

    Property type
    Other commercial real estate
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.29781
    Latitude
    32.39409

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    FAQs

    What type of property is this?
    Commercial real estate - 5 Acres, 927 Unit Potential, Opportunity Zone
    Where is this commercial real estate located?
    The property is located at 7501 C R 35 Tyler, TX.
    What is the asking price?
    The asking price for this property is $980,100.
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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
    7501 C R 35 Tyler, TX 75706
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