11942 Hwy 271 Tyler, TX 75708
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.