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Property profile & analytics
OFF-MARKET
Land

11241 Tx-248 Spur Tyler, TX 75707

3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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