2493 Old Jacksonville Hwy Tyler, TX 75701
This exceptional 10.532-acre commercial land parcel presents a remarkable development opportunity in the thriving South Tyler, Texas market. Strategically located at the southeast corner of Loop 49 and Old Jacksonville Highway (FM 2493), this property boasts unparalleled visibility and accessibility. The rectangular tract offers over 750 feet of frontage along Old Jacksonville Highway, a major thoroughfare experiencing significant growth. Its location within a highly sought-after corridor ensures high traffic counts, making it ideal for a wide range of commercial ventures. The property is currently zoned NONE, presenting a blank canvas for developers to envision and create a project tailored to the area's needs. This is one of the few remaining large tracts in this rapidly expanding area, representing a rare chance to capitalize on the explosive growth in South Tyler and East Texas. The address is 2493 Old Jacksonville Hwy, Tyler, TX 75701, within Smith County. The property is owned by LOOP 49 LP and is offered at an asking price of $2,699,000.
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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