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    3020 Gentry Pkwy Tyler, TX 75702

    For Sale
    $400,000

    Prime 2.33-acre site, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.33-acre commercial land parcel, located at 3020 W Gentry Pkwy, Tyler, TX 75702, presents a compelling investment opportunity. Situated on a major thoroughfare with over 16,500 vehicles passing daily, this C-1 zoned property boasts unparalleled visibility and accessibility. Its proximity to Loop 323 (less than half a mile) ensures convenient access for customers and employees. The area's strong economic growth, fueled by nearby retail centers like Broadway Square Mall and The Village at Cumberland Park, guarantees a robust customer base. Furthermore, the presence of the University of Texas at Tyler and Tyler Junior College creates a consistent demand for services, while significant residential development in the surrounding area promises continued growth. The 101,669 square foot lot offers flexible zoning options, allowing for diverse development possibilities to suit various business needs. This prime location, coupled with the area's thriving economy and high traffic count, makes this property an exceptional investment with high return potential. The asking price is $400,000.

    Property Features for 3020 Gentry Pkwy

    General Information

    Property type
    Land

    HighLights

    • High ROI potential: 3020 W Gentry Parkway offers strong investment returns due to its prime location and development potential.
    • Flexible zoning allows for customized development to meet diverse market needs.
    • Strong economic growth in the area ensures high demand for commercial and residential space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.332563
    Latitude
    32.373518

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    FAQs

    What type of property is this?
    Land - Prime 2.33-acre site, high traffic area.
    Where is this land located?
    The property is located at 3020 Gentry Pkwy Tyler, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: High ROI potential: 3020 W Gentry Parkway offers strong investment returns due to its prime location and development potential.; Flexible zoning allows for customized development to meet diverse market needs.; Strong economic growth in the area ensures high demand for commercial and residential space.
    Request Owner's contact information
    3020 Gentry Pkwy Tyler, TX 75702
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    Tyler, TX 75702
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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
    3020 Gentry Pkwy Tyler, TX 75702
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