0 Centennial Pkwy Tyler, TX 75703
This exceptional 98.6-acre commercial development site presents a unique investment opportunity in Tyler, Texas. Strategically located on Centennial Parkway, the property boasts approximately 1,800 feet of frontage, providing excellent visibility and accessibility. Its prime location offers easy access to Highway 69 South and Loop 49, ensuring convenient connectivity to major transportation arteries. The site is primarily wooded, offering a blank canvas for development. The property is zoned PCD and RPO, allowing for a variety of commercial uses. This expansive parcel is situated near the established commercial area behind The Village at Cumberland Park retail center, benefiting from the existing infrastructure and high traffic volume of this busy area. The asking price is $6,000,000, translating to $60,852 per acre. The property's Assessed Parcel Numbers (APNs) are 1-00000-0070-00-003010, R042067, 1-00000-0355-00-001000, and R096398. This land is ideal for investors or owner-users seeking a substantial development opportunity in a thriving Texas market. The site's size, location, and zoning make it an attractive proposition for a wide range of commercial projects. Contact us today to learn more about this exceptional property and its potential.
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.