569 State Highway 64 Ben Wheeler, TX 75704
This exceptional 470.4-acre property in Smith County, Texas, presents a unique investment opportunity. Located near Tyler, TX, at 569 State Hwy 64, this expansive land parcel offers diverse potential uses. Currently unzoned, it allows for flexible development options, including commercial mixed-use projects. The property boasts a well-managed pine plantation, previously thinned, promising future timber sales and revenue generation. While not directly serviced by city utilities, water and electricity are readily available in the surrounding area. Its location in an unincorporated area of Van Zandt County provides a blend of rural tranquility and proximity to the amenities of Tyler. The substantial acreage is ideal for a variety of ventures, from commercial development to recreational pursuits, including hunting. This significant landholding represents a compelling investment in a rapidly growing region of East Texas. The asking price is $3,493,000. The property's address is 569 State Hwy 64, Tyler, TX 75704.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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