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Property profile & analytics
OFF-MARKET
Industrial properties

15844 Hwy 31 Tyler, TX 75709

13,373 SF 7.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.34-acre property in Tyler, Texas, presents a unique investment opportunity. The property boasts a thriving 8,250-square-foot auto shop, currently leased until January 1, 2027, generating $3,000 in monthly rent. In addition to the shop, 33 truck parking spaces on 3 acres provide an extra $10,000 in monthly income. The durable crushed concrete parking lot was constructed in 2013. A separate 2-acre parcel with its own highway access offers significant development potential. The property also includes two residences: a renovated 2,945-square-foot brick house (3 bedrooms, 3.5 baths, bonus room, saltwater pool, Cat 6 cabling, fiber optic internet) and a 2,078-square-foot energy-efficient doublewide home (3 bedrooms, 2 baths, hot tub, Generac 22-watt generator). Other features include a newly finished greenhouse, various fruit trees, an old garage used for storage, a converted semi-trailer, a two-car carport, and a fenced 2-acre shared backyard. The entire property is zoned for commercial and residential use, offering multiple revenue streams and a comfortable living environment. The main building was constructed in 1964, with additional structures built in 2013 and 2019. The property is conveniently located less than a mile west of Loop 49, providing easy access to major transportation routes. This versatile property offers a blend of commercial, residential, and agricultural features, making it an ideal investment for a variety of uses. The total square footage is 13,373.

Property profile
Verified
Property type Industrial properties
Total area 13,373 SF
Lot 7.34 ac (319,730 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
Current use
Occupant on record · Public records
  • 31 West Truck Repair Auto Repair Shop
  • SYLVESTER SERVICES TRANSPORTATION Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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