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    3400 Front St Tyler, TX 75702

    For Sale
    $964,000

    2.95 Acres, Hwy 31 E Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.95-acre commercial land parcel in Tyler, Texas, presents a remarkable investment opportunity. Located on the north side of Highway 31 East, a major Tyler arterial, this property boasts approximately 763 feet of frontage, ensuring high visibility and accessibility. Its strategic location is immediately adjacent to Tyler's newest Walmart Supercenter, guaranteeing significant foot traffic and commercial synergy. The property is situated approximately 1,800 feet east of the Highway 31 and Loop 323 intersection and roughly 1,000 feet from the Walmart entrance. All city utilities are readily available, and the C-2 zoning permits a wide range of commercial uses. Importantly, there are no deed restrictions or environmental concerns (ECR) to hinder development. This property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. The asking price is $964,000. This prime location, coupled with its desirable features and zoning, makes this an exceptional opportunity for developers and investors seeking high-impact commercial development in a thriving Texas market. The address is 3400 E Front St, Tyler, TX 75702, within Smith County.

    Property Features for 3400 Front St

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • Adjacent to Tyler's newest Walmart Supercenter.
    • High visibility and accessibility with 763 feet of frontage on Highway 31 East.
    • No environmental concerns or deed restrictions.
    • All city utilities available.
    • 2.95‑acre parcel on a major Tyler arterial.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.260094
    Latitude
    32.3486848

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    FAQs

    What type of property is this?
    Land - 2.95 Acres, Hwy 31 E Frontage
    Where is this land located?
    The property is located at 3400 Front St Tyler, TX.
    What is the asking price?
    The asking price for this property is $964,000.
    What are key features of this property?
    This property features: Adjacent to Tyler's newest Walmart Supercenter.; High visibility and accessibility with 763 feet of frontage on Highway 31 East.; No environmental concerns or deed restrictions.
    Request Owner's contact information
    3400 Front St 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
    3400 Front St Tyler, TX 75702
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