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    2493 Old Jacksonville Hwy Tyler, TX 75701

    For Sale
    $2,699,000

    Prime 10-acre commercial tract, high visibility, ready to develop.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.532-acre commercial land parcel presents a remarkable development opportunity in the thriving South Tyler, Texas market. Strategically located at the southeast corner of Loop 49 and Old Jacksonville Highway (FM 2493), this property boasts unparalleled visibility and accessibility. The rectangular tract offers over 750 feet of frontage along Old Jacksonville Highway, a major thoroughfare experiencing significant growth. Its location within a highly sought-after corridor ensures high traffic counts, making it ideal for a wide range of commercial ventures. The property is currently zoned NONE, presenting a blank canvas for developers to envision and create a project tailored to the area's needs. This is one of the few remaining large tracts in this rapidly expanding area, representing a rare chance to capitalize on the explosive growth in South Tyler and East Texas. The address is 2493 Old Jacksonville Hwy, Tyler, TX 75701, within Smith County. The property is owned by LOOP 49 LP and is offered at an asking price of $2,699,000.

    Property Features for 2493 Old Jacksonville Hwy

    General Information

    Property type
    Land
    Lot Size
    458,774 SF

    HighLights

    • 10.532‑acre commercial land parcel in South Tyler, TX.
    • Exceptional visibility and accessibility at Loop 49 and Old Jacksonville Highway (FM 2493).
    • Over 750 feet of frontage on Old Jacksonville Highway.
    • Currently unzoned, offering development flexibility.
    • Rare large tract in a rapidly growing area.
    • Asking price: $2,699,000.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.34676
    Latitude
    32.24171

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial tract, high visibility, ready to develop.
    Where is this land located?
    The property is located at 2493 Old Jacksonville Hwy Tyler, TX.
    What is the asking price?
    The asking price for this property is $2,699,000.
    What are key features of this property?
    This property features: 10.532-acre commercial land parcel in South Tyler, TX.; Exceptional visibility and accessibility at Loop 49 and Old Jacksonville Highway (FM 2493).; Over 750 feet of frontage on Old Jacksonville Highway.
    (903) 581-7117
    Request Owner's contact information
    2493 Old Jacksonville Hwy Tyler, TX 75701
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    Tyler, TX 75701
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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
    2493 Old Jacksonville Hwy Tyler, TX 75701
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