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    4550 Old Troup Hwy Tyler, TX 75707

    For Sale
    $885,000

    11.5-Acre M-2 Zoned Tract, $885,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11.549-acre commercial and industrial land parcel presents a significant investment opportunity in Tyler, Texas. Located at 4550 Old Troup Hwy, Smith County, zip code 75707 (32.3019838, -95.2620004), this property is zoned M-2, allowing for a wide range of medium and heavy impact industries. The M-2 zoning designation specifically permits uses generating noise, odor, smoke, dust, or intense light, making it ideal for manufacturing and related businesses. Access to vital transportation routes is ensured, catering to the needs of businesses requiring efficient logistics. The property's design includes provisions for outdoor operations and storage, enhancing its versatility. Furthermore, the site benefits from a shared concrete drive situated directly to the north, and an additional 30-foot easement along the southern property line, providing convenient access and potential expansion opportunities. This strategically located tract offers significant potential for development and is priced at $885,000. The property's size and zoning make it a highly attractive proposition for businesses seeking a substantial footprint in a thriving Texas market. Serious inquiries are encouraged.

    Property Features for 4550 Old Troup Hwy

    General Information

    Property type
    Land
    Lot Size
    503,074 SF

    HighLights

    • 11.549‑acre commercial/industrial land parcel in Tyler, TX.
    • Located at 4550 Old Troup Hwy, Smith County, TX 75707.
    • M‑2 zoning allows for medium/heavy industrial uses.
    • Excellent access to major transportation routes.
    • Features provisions for outdoor operations and storage, plus a shared concrete drive and 30‑foot southern easement.
    • Priced at $885,000.
    Property Profile Insight Report 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
    -95.2620004
    Latitude
    32.3019838

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    FAQs

    What type of property is this?
    Land - 11.5-Acre M-2 Zoned Tract, $885,000
    Where is this land located?
    The property is located at 4550 Old Troup Hwy Tyler, TX.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: 11.549-acre commercial/industrial land parcel in Tyler, TX.; Located at 4550 Old Troup Hwy, Smith County, TX 75707.; M-2 zoning allows for medium/heavy industrial uses.
    Request Owner's contact information
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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
    4550 Old Troup Hwy Tyler, TX 75707
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