Property profile

4905 Old Jacksonville Hwy Tyler, TX 75703

OFF-MARKET
Commercial real estate
Property ID
US82-5442287
2.37 ac lot
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.366-acre commercial land parcel presents a remarkable investment opportunity in Tyler, Texas. Strategically located on Old Jacksonville Highway, this property boasts excellent visibility and accessibility, situated within the thriving Candy Park Industrial Area, south of Loop 323. The M-1 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a high-traffic location. With an estimated daily traffic count exceeding 33,000 vehicles (per 2018 TXDOT data), this site offers unparalleled exposure to potential customers. The property's frontage on Old Jacksonville Highway provides ample space for prominent monument signage, further enhancing its marketing potential. Its convenient location and easy access contribute to its significant appeal. The address is 4905 Old Jacksonville Hwy, Tyler, TX 75703, within Smith County. This is a rare chance to acquire a well-positioned commercial lot in a rapidly growing area of Tyler. The asking price is $334,955. Don't miss this opportunity to secure a prime location for your business venture.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.37 ac (103,063 SF)
APN 1-50000-1550-06-001020
UPID US82-5442287

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4905 Old Jacksonville Hwy Tyler, TX 75703-3373
Tyler metro Census 1917 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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