Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12651 State Highway 155 Tyler, TX 75708

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    18.95 Acres, High Visibility, I-20 Access

    Property size:
    784,080 SF

    Property Features for 12651 State Highway 155

    General Information

    Property type
    Land
    Square Feet
    784,080 SF
    Lot Size
    825,462 SF

    We can help!

    Listing Contact
    Laura Adams
    Laura Adams

    Listing Agent: Laura Adams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 18.95-acre commercial land parcel presents a remarkable investment opportunity in Tyler, Texas. Strategically located at 12651 Hwy 155 N, this property boasts unparalleled visibility and accessibility. With 800 feet of frontage on the I-20 frontage road and an additional 1000 feet of frontage on Highway 155, it offers significant exposure to high traffic counts. The expansive lot size, totaling 784,080 square feet, provides ample space for a wide range of commercial developments. Utilities are readily available on-site, including electricity, septic, and water. The property is situated within a Municipal Utility District (MUD), offering added benefits. A current survey of the property is available. This prime location, coupled with its impressive size and convenient access to major roadways, makes this an exceptional opportunity for developers seeking a high-impact commercial project. The asking price is $5,779,900. The property is located in Smith County, Texas, zip code 75708.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Big Box & Wholesale Store Building Supply Hotel & Motel Pharmacy Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.190861
    Latitude
    32.447952

    Nearby Similar for Sale

    • $550,000
      2,700 SF

      Modern Office with Highway Frontage

      High-visibility office and flex space on Highway 69.
      20921 Us Highway 69 South, Tyler, TX 75703
      View Details
    • $499,900
      10,667 SF

      Tyler Flex Space Opportunity

      10,667 SF flex space on Loop 323 in Tyler.
      3401 N Northeast Loop 323, Tyler, TX 75708
      View Details
    • $850,000
      5,700 SF

      Tyler Flex Space Building

      Heated and cooled flex space with offices and parking.
      4883 Hightech Dr, Tyler, TX 75703
      View Details
    • $499,900
      2,224 SF

      Tyler Office Building For Sale

      2,224 SF commercial building with prime location and updates.
      1624 N Northwest Loop 323, Tyler, TX 75702
      View Details
    • $280,000
      2,700 SF

      Metal Shop on Highway 155

      2,700 SF metal shop with lifts on 0.4 acres.
      15083 State Highway 155, Tyler, TX 75703
      View Details
    • $550,000
      0.63 Acres

      Highway 69 Investment Opportunity

      High-visibility mixed-use property on Highway 69 with flexible income potential.
      20921 Us Highway 69 S, Tyler, TX 75703
      View Details
    • $280,000
      2,700 SF

      Metal Shop on Highway 155

      2,700 SF metal shop with lifts on 0.4 acres.
      15083 State Highway 155 S, Tyler, TX 75703
      View Details
    • $387,450
      1,722 SF

      Retail/Office Space For Sale

      Retail/Office space for sale in Tyler, TX, delivery Spring 2026.
      5647 Kpe Way, Tyler, TX 75703
      View Details
    • $774,000
      3,444 SF

      Retail/Office Space For Sale

      Retail and office space for sale in Tyler, Texas.
      5647 Kpe Way, Tyler, TX 75703
      View Details
    • $280,000
      2,700 SF

      Metal Shop on Highway 155

      2,700 SF metal shop with lifts on Highway 155.
      15083 State Highway 155, Tyler, TX 75703
      View Details
    • $3,500,000
      4,458 SF

      Operating Gas Station on Highway

      Operating Exxon gas station with high visibility on busy highway.
      5315 Troup Hwy, Tyler, TX 75707
      View Details
    • $750,000
      5,220 SF

      Tyler Office Building For Sale

      Commercial office building with twelve offices, reception, and parking.
      200 E Amherst St, Tyler, TX 75701
      View Details

    FAQs

    What type of property is this?
    Land - 18.95 Acres, High Visibility, I-20 Access
    Where is this land located?
    The property is located at 12651 State Highway 155 Tyler, TX.
    What is the asking price?
    The asking price for this property is $5,779,900.
    What are key features of this property?
    This property features: 18.95-acre commercial land parcel in Tyler, Texas, offering exceptional visibility and accessibility.; 800 ft of I-20 frontage road and 1000 ft of Hwy 155 frontage, providing high traffic exposure.; 784,080 sq ft lot, suitable for various commercial developments.
    (903) 730-1033 Call to check price and availability
    Request Owner's contact information
    12651 State Highway 155 Tyler, TX 75708
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12651 State Highway 155
    Tyler, TX 75708
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12651 State Highway 155 Tyler, TX 75708
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Laura Adams
    Laura Adams
    Real Estate License ID: 713679
    (903) 730-1033 (903) 534-6600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!