Commercial Land with
For Sale
$900,000
Pending
17791 State Highway 155 S, Flint, TX 75762
Commercial development land on a corner lot with utilities available for an existing cabin on Hwy 155 S.
Property Size1,512 SF
Days on Market79
Property Features for 17791 State Highway 155 S
General Information
Standard status
Pending
Size
1,512 SF
Listing Agency:
Keller Williams Realty-Tyler
(469) 369-3211
Listed By:
Jaci Purselley
(469) 369-3211
Source:
Exprealty
Added: May 14
Changed: Jul 30
Last Checked: Jul 30 at 5:54PM
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 Keller Williams Realty-Tyler
Investment Insights
Based on property information with market context.
Commercial land offering a corner-lot setting at 17791 State Highway 155 S in Flint, TX. The parcel totals 5.489 acres and is positioned for a range of commercial development concepts.
A cabin on the Hwy 155 S side is a little over 1500 sq feet and has water, electric, and septic available. The parcel is also described as convenient to area access, including roughly 10 minutes to Lake Palestine, 9 minutes to Loop 323, 3 minutes to Loop 49, 18 minutes to downtown Tyler, and about 20 minutes to Interstate 20.
Survey will be required to purchase, which is an important planning item for any development or due-diligence timeline.
A cabin on the Hwy 155 S side is a little over 1500 sq feet and has water, electric, and septic available. The parcel is also described as convenient to area access, including roughly 10 minutes to Lake Palestine, 9 minutes to Loop 323, 3 minutes to Loop 49, 18 minutes to downtown Tyler, and about 20 minutes to Interstate 20.
Survey will be required to purchase, which is an important planning item for any development or due-diligence timeline.
Key Highlights
- 5.489‑acre corner‑lot commercial development parcel at 17791 State Highway 155 S
- Cabin on Hwy 155 S side is a little over 1500 sq feet
- Water, electric, and septic available to the cabin
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.7k | $24.96 |
| − Vacancy | −$1.6k | −$1.05 |
| EGI | $36.2k | $23.91 |
| − OpEx | −$9.0k | −$5.98 |
| NOI | $27.1k | $17.93 |
1,512 SF · lease $24.96/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$387.4K
$339.0K – $451.9K
NOI $27,116 @ 7.0% cap · market cap 3.01%
Second Best
Retail
$290.9K
$254.5K – $339.4K
NOI $20,361 @ 7.0% cap · market cap 2.26%
Theoretical Best
Hotel Hospitality
$1.14M
$996.5K – $1.33M
NOI $79,720 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
3,945 visits/mo
0.2 miles
Demographics for 75762, TX
13,923
Population
6,052
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
97%
High-School Grad
44.7 sq mi
ZIP Area
311
Density / Sq Mi
$91,429
Median Household Income
$47,587
Median Earnings
$1,201
Median Rent
$283,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial development land on a corner lot with utilities available for an existing cabin on Hwy 155 S.
Where is this commercial land located?
The property is located at 17791 State Highway 155 S Flint, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5.489‑acre corner‑lot commercial development parcel at 17791 State Highway 155 S; Cabin on Hwy 155 S side is a little over 1500 sq feet; Water, electric, and septic available to the cabin
