Property profile

216 Front St Tyler, TX 75702

OFF-MARKET
Land
2,585 SF
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Property summary

AI-generated overview

This exceptional 2,585 square foot vacant commercial lot is ideally situated at 216 E Front St in Tyler, Texas, zip code 75702. Located in Smith County, this property presents a unique opportunity for investors and entrepreneurs alike. The land is currently vacant, offering complete flexibility for development. Its prime location within a high-traffic area ensures excellent visibility and accessibility, making it perfect for a variety of commercial ventures. The proximity to Tyler's thriving downtown area further enhances its appeal. The asking price is $425,000, reflecting the significant potential of this strategically positioned lot. The property's address is easily accessible and visible from the street. While previously used as an auto repair shop, the sale includes only the land itself; any existing equipment or materials are not included in the sale price. This presents a blank canvas for your vision, allowing you to tailor the space to your specific business needs. This is a rare opportunity to acquire a commercial lot in a desirable location with high growth potential. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Land
Total area 2,585 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

216 Front St Tyler, TX 75702
Tyler metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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