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    3126 Loop Rd Tyler, TX 75708

    For Sale
    $1,500,000

    15.6 Acres, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 15.6-acre multi-parcel land offering presents a unique investment opportunity in Tyler, Texas. Located at the highly visible corner of Northeast Loop 323 and Morningside Drive, this property boasts significant frontage and high traffic counts, making it ideal for a variety of commercial, industrial, or residential developments. The property includes six separate parcels, with APNs 181085000200001000, 181085000100002000, 181085000400001000, 181085000500001000, 181085000300001000, 181085000600001000, and 181085000600006000. A large portion of the land is currently unzoned, offering flexibility for future development plans. The property is zoned R-1B in some areas. Situated in Smith County, Texas, with the address 3126 N NE Loop 323, Tyler, TX 75708, this prime location offers unparalleled access to major transportation routes and a thriving community. The asking price for this remarkable land investment is $1,500,000. Don't miss this chance to acquire a substantial land holding with immense potential in a rapidly growing market.

    Property Features for 3126 Loop Rd

    General Information

    Property type
    Land
    Lot Size
    679,536 SF

    HighLights

    • $1,500,000 asking price for 15.6 acres of land.
    • Located at 3126 N NE Loop 323, Tyler, TX 75708.
    • Corner lot with high traffic counts.
    • R‑1B zoning; large portion unzoned.
    • APN: 181085000200001000, 181085000100002000, 181085000400001000, 181085000500001000, 181085000300001000, 181085000600001000, 181085000600006000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store Food Market Furniture Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.268373084572
    Latitude
    32.378330796771

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    FAQs

    What type of property is this?
    Land - 15.6 Acres, Multi-Use Potential
    Where is this land located?
    The property is located at 3126 Loop Rd Tyler, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for 15.6 acres of land.; Located at 3126 N NE Loop 323, Tyler, TX 75708.; Corner lot with high traffic counts.
    Request Owner's contact information
    3126 Loop Rd Tyler, TX 75708
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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
    3126 Loop Rd Tyler, TX 75708
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