7501 C R 35 Tyler, TX 75706
- Commercial real estate
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7501 C R 35
- Lot size
- 5.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5-acre commercial lot in Tyler, Texas presents a unique investment opportunity. Located in an Opportunity Zone, this property offers significant tax advantages. A comprehensive concept plan outlines a proposed 927-unit self-storage facility totaling 106,225 square feet. This development sits within a rapidly growing area, benefiting from the proximity to the expanding North Chase master-planned community and the 335 Loop at N Broadway. Its location within the 5-mile ETJ of Tyler simplifies the development process, eliminating the need for zoning approvals. A detailed market study, included with the sale, confirms substantial demand for additional self-storage units in this market, with existing competitors boasting occupancy rates of 90% or higher. The study provides a thorough analysis of the competitive landscape and supports the viability of this project. Detailed concept plans and professional consultation reports are available upon request, providing potential investors with a comprehensive understanding of the project's potential. This is a turnkey opportunity to capitalize on the burgeoning growth in Tyler, Texas. Don't miss this chance to acquire a prime piece of land poised for significant returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.2978
- Latitude
- 32.3941