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    12499 Harris Crk Church Rd Tyler, TX 75708

    For Sale
    $5,910,000

    400± acres, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 393.77± acre tract of agricultural land presents a compelling investment opportunity in Tyler, Texas. Strategically located with frontage on I-20, this property offers significant development potential. The land is zoned AG and sits within the Winona ETJ (Extra Territorial Jurisdiction). Utilities are readily accessible, with water and sewer available through 155 East Texas MUD along Highway 155, natural gas provided by the City of Winona along Highway 155, and power lines from Oncor along Highway 155 and I-20. The property's location is further enhanced by its proximity to recent significant commercial development. YellaWood, a major manufacturer, recently purchased 150 acres along the south frontage of I-20 and has already developed 50 acres directly across Highway 20. Furthermore, YellaWood is planning a new facility in the nearby Tyler commerce park along I-20. The address is 12499-12963 Harris Creek Church Rd, Tyler, TX 75708. This property is designated as a Qualified Opportunity Zone, offering substantial tax advantages for investors. Note that the acreage is approximate and requires an updated survey. A land ID map is available online. This is a rare opportunity to acquire a large parcel of land in a rapidly growing area with excellent access to major transportation routes and utilities. The property's strategic location and Qualified Opportunity Zone status make it an ideal investment for both developers and long-term investors.

    Property Features for 12499 Harris Crk Church Rd

    General Information

    Property type
    Farms
    Lot Size
    17,424,000 SF

    HighLights

    • Qualified Opportunity Zone designation.
    • Utilities: Water and sewer via East Texas MUD, natural gas via City of Winona, and power via Oncor.
    • Adjacent to YellaWood's 50‑acre developed site and planned new facility in Tyler Commerce Park.
    • Address: 12499‑12963 Harris Creek Church Rd, Tyler, TX 75708.
    • Land ID Map available at: https://id.land/ranching/maps/1411468ef3ee59a54aacac0ed266442c/share
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.202529007342
    Latitude
    32.452808495438

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    FAQs

    What type of property is this?
    Farm - 400± acres, prime development opportunity.
    Where is this farm located?
    The property is located at 12499 Harris Crk Church Rd Tyler, TX.
    What is the asking price?
    The asking price for this property is $5,910,000.
    What are key features of this property?
    This property features: Qualified Opportunity Zone designation.; Utilities: Water and sewer via East Texas MUD, natural gas via City of Winona, and power via Oncor.; Adjacent to YellaWood's 50-acre developed site and planned new facility in Tyler Commerce Park.
    Request Owner's contact information
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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
    12499 Harris Crk Church Rd Tyler, TX 75708
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