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Property profile & analytics
OFF-MARKET
Land

11942 Hwy 271 Tyler, TX 75708

34.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 34.23-acre commercial land parcel is strategically located on Highway 271 North in Tyler, Texas, zip code 75708, within Smith County. Offered at $2,700,000, this property presents a multitude of development opportunities due to its high visibility and convenient location. Situated directly across from UT Health Center and less than 1.5 miles from the burgeoning Interstate Commerce Park, this site benefits from significant traffic flow and proximity to established infrastructure. The potential for a red-light access point at the intersection of Highways 155 N. and 271 further enhances its commercial viability. While the property includes a metal building on 4 acres, this structure will be excluded from the sale and surveyed separately. The buyer will be responsible for verifying utility availability and connections. This expansive tract offers significant potential for various commercial ventures, and there is the possibility of acquiring additional adjacent land. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 34.23 ac (1,491,059 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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