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    3810 Highway 64 Tyler, TX 75704

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Land, High Traffic Area

    Lot size:
    11,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.11-acre commercial land parcel presents a remarkable redevelopment opportunity for discerning investors. Situated on Highway 64 West in Tyler, this property boasts a highly visible location at the intersection of Loop 323 and Highway 64, benefiting from the significant traffic generated by the adjacent Walmart Supercenter. The site offers a total of 11,025 square feet and is zoned C-2, allowing for a variety of retail or fast-food developments. A shared driveway with Walmart ensures convenient access and high visibility for potential tenants. The property is ideal for a ground lease, with options ranging from 0.55 acres to the full 1.11 acres. Its strategic location provides easy access to Toll 49 and Loop 323, further enhancing its appeal and accessibility. This prime location, coupled with the existing infrastructure and high traffic counts, makes this an exceptional investment opportunity for those seeking a strong return on investment in a thriving retail market. The property's size and zoning provide flexibility for a range of development plans, catering to various business needs and maximizing potential revenue streams. Don't miss this chance to secure a prominent position in a high-demand commercial area.

    Property Features for 3810 Highway 64

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,025 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,049 SF

    HighLights

    • 1.11‑acre commercial land parcel available for ground lease.
    • 11,025 square foot site ideal for retail or fast food development.
    • High‑visibility location on Hwy 64 W, with shared access to Walmart Supercenter.
    • Excellent access to Loop 323 and Toll 49.
    • C‑2 zoning.
    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
    -95.4149003
    Latitude
    32.3986023

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Traffic Area
    Where is this land located?
    The property is located at 3810 Highway 64 Tyler, TX.
    What are key features of this property?
    This property features: 1.11-acre commercial land parcel available for ground lease.; 11,025 square foot site ideal for retail or fast food development.; High-visibility location on Hwy 64 W, with shared access to Walmart Supercenter.
    Request Owner's contact information
    3810 Highway 64 Tyler, TX 75704
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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
    3810 Highway 64 Tyler, TX 75704
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