11241 Tx-248 Spur Tyler, TX 75707
This exceptional 3-acre commercial land parcel presents a compelling investment opportunity in Tyler, Texas. Situated just outside city limits, this raw land boasts 350 feet of highway frontage along TX-248 Spur, providing unparalleled visibility and accessibility. Its strategic location offers easy access to major thoroughfares including Highway 64 and Loop 323, placing it within a short 1.5-mile radius of the University of Texas at Tyler. The property benefits from a high daily traffic count of approximately 10,000 vehicles, underscoring its significant development potential. Zoning information is not currently available. This prime location, coupled with its substantial size and convenient access to key transportation routes, makes this property ideal for a wide range of commercial ventures. The asking price for this exceptional opportunity is $395,000. The property's address is 11241 TX-248 Spur, Tyler, Smith County, Texas, 75707.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.