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    13904 Highway 64 Tyler, TX 75704

    For Sale
    $303,962

    2.33 Acres, Tyler, TX - Prime Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.33-acre commercial land parcel presents a remarkable development opportunity in Tyler, Texas. Located on Highway 64, it boasts unparalleled visibility and accessibility, situated directly across from Tyler Pounds Airport and adjacent to the established Wellington Subdivision. The property's strategic location offers easy access to Loop 49 and Loop 323, providing convenient connections to the wider Tyler area. This prime location is ideal for residential or multifamily development, offering a canvas to create a thriving community. The site is infrastructure-ready, with readily available water, sewer, gas, and electric utilities, streamlining the development process and minimizing delays. The proximity to the established Wellington Subdivision provides a built-in community, while the airport's presence offers additional potential for businesses catering to aviation. This substantial acreage allows for the creation of a residential enclave or a multifamily complex, catering to the needs of modern living. The property's size, location, and existing infrastructure combine to create an exceptional opportunity for developers seeking a high-impact project in a thriving Texas community. The asking price is $303,962. This is a rare opportunity to shape the future of Tyler living; don't miss out. The property is located at 13904 Hwy 64, Tyler, Smith County, TX 75704.

    Property Features for 13904 Highway 64

    General Information

    Property type
    Land
    Lot Size
    101,495 SF

    HighLights

    • Asking Price: $303,962
    • Property Type: 2.33‑acre commercial land parcel in Tyler, TX
    • Location: Highway 64, Tyler, TX, near Tyler Pounds Airport and Wellington Subdivision, with easy access to Loop 49 and Loop 323.
    • Utilities: Water, sewer, gas, and electric readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3966956
    Latitude
    32.3634167

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    FAQs

    What type of property is this?
    Land - 2.33 Acres, Tyler, TX - Prime Development
    Where is this land located?
    The property is located at 13904 Highway 64 Tyler, TX.
    What is the asking price?
    The asking price for this property is $303,962.
    What are key features of this property?
    This property features: Asking Price: $303,962; Property Type: 2.33-acre commercial land parcel in Tyler, TX; Location: Highway 64, Tyler, TX, near Tyler Pounds Airport and Wellington Subdivision, with easy access to Loop 49 and Loop 323.
    (903) 443-5894
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    Tyler, TX 75704
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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
    13904 Highway 64 Tyler, TX 75704
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