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    2936 Teague Dr Tyler, TX 75701

    For Sale
    $125,000

    High-traffic commercial land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.8-acre commercial lot is ideally situated at 2936 Teague Dr, Tyler, TX 75701, in Smith County. Priced at $125,000, this flat, cleared site presents a fantastic opportunity for immediate development or strategic land banking. Its prime corner location offers exceptional visibility and accessibility, boasting a high traffic count exceeding 27,000 vehicles per day in 2018, as recorded near the loop 323 intersection. The property's location within an established industrial office area ensures strong potential for a variety of commercial uses. The site's level topography simplifies construction, minimizing site preparation costs and accelerating project timelines. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial lot in a thriving Texas market. Don't miss out on this chance to secure a valuable asset with significant growth potential. All utilities are assumed to be available, but buyers are advised to verify. The property is sold "as is."

    Property Features for 2936 Teague Dr

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • Commercial Land Available, Tyler, TX
    • Level, Cleared Lot in Tyler, TX
    • High‑Traffic Location
    • Ready for Immediate Development
    • East Texas Commercial Land For Sale
    • Prime Commercial Land
    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 Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2646385
    Latitude
    32.3396275

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, ready to build.
    Where is this land located?
    The property is located at 2936 Teague Dr Tyler, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Commercial Land Available, Tyler, TX; Level, Cleared Lot in Tyler, TX; High-Traffic Location
    Request Owner's contact information
    2936 Teague Dr Tyler, TX 75701
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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
    2936 Teague Dr Tyler, TX 75701
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