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    5113 Troup Hwy Tyler, TX 75707

    For Sale
    $125,000

    0.252 Acres, High Visibility, C-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.252-acre commercial land parcel presents a remarkable investment opportunity in Tyler, Texas. Strategically located at 5113 Troup Highway, this property boasts 160 feet of frontage on a major thoroughfare experiencing over 24,000 vehicles per day, ensuring high visibility and significant exposure for your business. The property's C-1 (Light Commercial) zoning allows for a diverse range of commercial uses, providing flexibility for various business ventures. The lot is identified by APN 15000-0155-50-4003000 within Smith County. This prime location in Tyler, TX, zip code 75707, offers unparalleled access to a thriving community and substantial daily traffic. The asking price for this exceptional commercial land is $125,000. Don't miss this chance to secure a highly visible and versatile property in a rapidly growing market. This is an ideal location for businesses seeking maximum exposure and convenient access to a large customer base. The property's size and zoning make it suitable for a variety of commercial developments. Act quickly to capitalize on this outstanding investment opportunity.

    Property Features for 5113 Troup Hwy

    General Information

    Property type
    Land
    Lot Size
    10,977 SF

    HighLights

    • High‑traffic Troup Highway frontage.
    • Excellent visibility for maximum brand exposure.
    • Commercially zoned for diverse business opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.260239414309
    Latitude
    32.294274404632

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    FAQs

    What type of property is this?
    Land - 0.252 Acres, High Visibility, C-1 Zoning
    Where is this land located?
    The property is located at 5113 Troup Hwy Tyler, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: High-traffic Troup Highway frontage.; Excellent visibility for maximum brand exposure.; Commercially zoned for diverse business opportunities.
    (903) 534-1200
    Request Owner's contact information
    5113 Troup Hwy Tyler, TX 75707
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    Tyler, TX 75707
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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
    5113 Troup Hwy Tyler, TX 75707
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