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    8851 Broadway Ave Tyler, TX 75703

    Sponsored
    For Lease
    Contact for pricing

    Prime Tyler Retail Land, 1-87 Acres

    Lot size:
    3,789,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Parkside Development presents a unique investment opportunity in Tyler, Texas. This expansive commercial land parcel, ranging from one to eighty-seven acres, is situated on Tyler's most popular retail corridor, boasting a prime location neighboring Faulkner Park and an established 700,000 square foot retail development. The property is strategically positioned amongst several prominent national brands, ensuring high visibility and foot traffic. The development plan encompasses a traditional retail center on the northern half, anchored by a tenant currently under contract. The southern half is envisioned as a vibrant lifestyle center, seamlessly blending indoor and outdoor spaces to offer a diverse mix of entertainment, retail, restaurants, walking trails, and green space, with direct park connectivity. Ready-to-build pad sites are available along South Broadway, offering immediate development potential. These pad sites provide varying acreage and square footage to accommodate a range of uses, including restaurants, hotels, and retail establishments. Both purchase and leasing options are available. This exceptional location and comprehensive development plan make Parkside Development an ideal investment for discerning buyers seeking a high-growth opportunity in a thriving retail market. Contact us today to explore the possibilities.

    Property Features for 8851 Broadway Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,789,720 SF

    Unit(s) available at that property

    Space
    Size
    3,789,720 SF

    HighLights

    • Land for sale in Smith County, Texas.
    • Single‑tenant commercial land parcels available.
    • 1- to 87‑acre tracts available for various uses including retail, restaurant, hotel, and entertainment.
    • Located on Tyler's premier retail corridor, adjacent to Faulkner Park and a 700,000 sq ft retail center.
    • Pad sites with South Broadway frontage are available and pad‑ready.
    • Purchase and leasing options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3092589
    Latitude
    32.2532029

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    FAQs

    What type of property is this?
    Land - Prime Tyler Retail Land, 1-87 Acres
    Where is this land located?
    The property is located at 8851 Broadway Ave Tyler, TX.
    What are key features of this property?
    This property features: Land for sale in Smith County, Texas.; Single-tenant commercial land parcels available.; 1- to 87-acre tracts available for various uses including retail, restaurant, hotel, and entertainment.
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    8851 Broadway Ave Tyler, TX 75703
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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
    8851 Broadway Ave Tyler, TX 75703
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