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    605 Nnw Loop Tyler, TX 75702

    For Sale
    $749,000

    9.55 Acres, Loop 323 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9.554-acre commercial land parcel presents a compelling investment opportunity in West Tyler, Texas. Strategically located on the highly visible NNW Loop 323, this property boasts prime frontage for maximum exposure. The property is zoned C-2 (General Commercial), allowing for a diverse range of uses including auto repair, paint and body shops, and outdoor storage facilities. All utilities are readily available, simplifying development and reducing upfront costs. Adding to its appeal, this location falls within an Opportunity Zone, potentially offering significant tax advantages for qualified investors. The property shares a driveway with the adjacent property to the south, enhancing accessibility and potentially reducing infrastructure expenses. The APN is R149758. This is a rare chance to acquire a substantial commercial tract in a thriving area with excellent visibility and diverse development potential. The asking price is $749,000. This property is situated in Smith County, Texas, with the address listed as 605 NNW Loop 323, Tyler, TX 75702. The property's location offers easy access to major transportation routes and a growing commercial corridor. Don't miss this chance to secure a valuable piece of West Tyler real estate.

    Property Features for 605 Nnw Loop

    General Information

    Property type
    Land
    Lot Size
    416,172 SF

    HighLights

    • $749,000 asking price for 9.554 acres of commercial land.
    • C‑2 zoning allows for auto repair, paint & body, and outdoor storage.
    • Located in a Texas Opportunity Zone with Loop 323 frontage.
    • All utilities available.
    • Shared driveway with adjacent property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.343313805353
    Latitude
    32.358751367033

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    FAQs

    What type of property is this?
    Land - 9.55 Acres, Loop 323 Frontage
    Where is this land located?
    The property is located at 605 Nnw Loop Tyler, TX.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: $749,000 asking price for 9.554 acres of commercial land.; C-2 zoning allows for auto repair, paint & body, and outdoor storage.; Located in a Texas Opportunity Zone with Loop 323 frontage.
    (903) 443-5894
    Request Owner's contact information
    605 Nnw Loop 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
    605 Nnw Loop Tyler, TX 75702
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