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Property profile & analytics
OFF-MARKET
Land

0 Tbd Toler Rd Longview, TX 75605

29.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29.67-acre land parcel in Longview, Texas, presents a prime opportunity for multi-family residential development. Located on TBD Toler Road, this property boasts a highly desirable Planned Development - Multi-Family zoning designation, allowing for a variety of residential construction projects. Its strategic location between Gilmer Road and Loop 281 offers convenient access to major thoroughfares, enhancing its appeal to potential residents. The property is situated directly across from McWhorter Park, providing residents with immediate access to recreational amenities. Furthermore, its proximity to a wealth of retail options, including Walmart, Starbucks, Super One, Super Mercado, and various restaurants, adds significant value. The Pine Tree ISD serves the area, ensuring access to quality education. While a small portion of the land at the rear, near a creek, falls within a flood zone, the majority of the acreage is unaffected. This presents a unique opportunity to develop a thriving residential community in a highly sought-after location. The asking price for this exceptional development opportunity is $965,000.

Property profile
Verified
Property type Land
Lot 29.67 ac (1,292,425 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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