Corner Parcel on Highway
For Sale
$375,000
16393 W State Highway 31, Tyler, TX 75709
Corner commercial land parcel with high traffic and visibility.
Lot Size4.08 Acres
Days on Market101
Property Features for 16393 W State Highway 31
General Information
Standard status
Active
Lot size
4.08 Acres
Property subtype
Commercial Lots & Land
Listing Agency:
Staples Commercial Group, LLC
(903) 343-6629
Listed By:
Ray Ver Hey · License #498681
(903) 343-6629
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 12:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Staples Commercial Group, LLC
Investment Insights
Based on property information with market context.
This corner parcel offers over 436 feet of road frontage on Highway 31 and over 425 feet on Old Chandler Highway. The location experiences over 20,000 cars passing through the intersection daily. The property is well-elevated and offers easy access and visibility. It is located approximately one mile from Toll Road 49, six miles from Tyler, and 11.5 miles from Interstate 20. The property is situated outside of Tyler City Limits but inside of Tyler's Extra Territorial Jurisdiction (ETJ). The surveyed lot sizes and prices are as follows: Lot 1 is 1.224 acres for $148,000 ($2.78 per square foot); Lot 2 is 3.00 acres for $272,000 ($2.08 per square foot); Lot 3 is 4.076 acres for $375,000 ($2.11 per square foot); Lot 4 is 2.537 acres for $360,000 ($3.26 per square foot); and Lot 5 is 2.122 acres for $300,000 ($3.25 per square foot). This property is prime for a new business.
Key Highlights
- Prime corner parcel with high traffic count (over 20,000 cars daily) ideal for business.
- Excellent road frontage**: over 436' on HWY 31 and over 425' on Old Chandler Highway.
- Easy access and great visibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 75709, TX
6,037
Population
3,113
Households
1.9
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
20.8 sq mi
ZIP Area
290
Density / Sq Mi
$73,541
Median Household Income
$36,280
Median Earnings
$1,230
Median Rent
$188,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner commercial land parcel with high traffic and visibility.
Where is this commercial land located?
The property is located at 16393 W State Highway 31 Tyler, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime corner parcel with high traffic count (over 20,000 cars daily) ideal for business.; Excellent road frontage**: over 436' on HWY 31 and over 425' on Old Chandler Highway.; Easy access and great visibility.