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    2201 Broadway Ave Tyler, TX 75702

    For Sale
    $85,000

    1.165 Acres, R-1B Zoning, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.165-acre residential land parcel presents a compelling investment or owner-user opportunity in Tyler, Texas. Located at 2201 N. Broadway Ave, this property boasts a prime location at the intersection of N Broadway Ave and W Mims St, offering excellent visibility and accessibility. The lot is zoned R-1B, providing flexibility for various residential development plans. With a total asking price of $85,000, this translates to a price per acre of $86,207, representing a strong value proposition in the current market. The property's APN is R075553, and it's identified as Block 1436, Lot 1. Situated within the Tyler ISD school district, this land parcel offers a desirable location for families and developers alike. Its size and zoning make it suitable for a range of residential projects, from single-family homes to potentially smaller multi-family developments (subject to city approvals and regulations). This is a rare opportunity to acquire a well-located, sizable residential lot in a thriving Texas community. Serious inquiries are encouraged. The property is conveniently located in Smith County, Texas, with the zip code 75702. The precise coordinates are latitude 32.3725163 and longitude -95.3014656.

    Property Features for 2201 Broadway Ave

    General Information

    Property type
    Land
    Lot Size
    50,747 SF

    HighLights

    • $85,000 asking price for 1.165 acres of land.
    • Located in Tyler, Texas, at 2201 N. Broadway Ave.
    • R‑1B zoning.
    • Smith County, TX; APN R075553.
    • $86,207 per acre land value.
    • Tyler ISD school district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3014656
    Latitude
    32.3725163

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    FAQs

    What type of property is this?
    Land - 1.165 Acres, R-1B Zoning, Investment Opportunity
    Where is this land located?
    The property is located at 2201 Broadway Ave Tyler, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: $85,000 asking price for 1.165 acres of land.; Located in Tyler, Texas, at 2201 N. Broadway Ave.; R-1B zoning.
    (903) 534-1200
    Request Owner's contact information
    2201 Broadway Ave Tyler, TX 75702
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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
    2201 Broadway Ave Tyler, TX 75702
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