16393 Hwy Tyler, TX 75709

This exceptional 2.537-acre commercial lot is ideally situated at 16393 W Hwy 31 in Tyler, Texas, offering unparalleled visibility and accessibility. Boasting over 426 feet of frontage on Hwy 31 and over 283 feet on FM 2661, this corner parcel benefits from high daily traffic exceeding 20,000 vehicles. The property is conveniently located just one mile from Toll Road 49 and six miles from downtown Tyler, with I-20 a short 11.5-mile drive. Approximately 75% of the land has been recently mulched and cleared, presenting a ready-to-develop site. The lot is situated outside Tyler city limits but within the Tyler ETJ (Extra Territorial Jurisdiction). The property is zoned for Commercial, Retail, and Multi-Family Dwelling uses, providing diverse development options. The asking price is $397,842. Note that the taxes shown reflect the entire 13-acre parcel, not just this individual lot. This well-elevated lot offers excellent visibility and easy access, making it a prime location for new businesses. The lot has already been surveyed.