3810 Hwy 64 Tyler, TX 75704
This exceptional 1.11-acre commercial land parcel presents a remarkable redevelopment opportunity for discerning investors. Situated on Highway 64 West in Tyler, this property boasts a highly visible location at the intersection of Loop 323 and Highway 64, benefiting from the significant traffic generated by the adjacent Walmart Supercenter. The site offers a total of 11,025 square feet and is zoned C-2, allowing for a variety of retail or fast-food developments. A shared driveway with Walmart ensures convenient access and high visibility for potential tenants. The property is ideal for a ground lease, with options ranging from 0.55 acres to the full 1.11 acres. Its strategic location provides easy access to Toll 49 and Loop 323, further enhancing its appeal and accessibility. This prime location, coupled with the existing infrastructure and high traffic counts, makes this an exceptional investment opportunity for those seeking a strong return on investment in a thriving retail market. The property's size and zoning provide flexibility for a range of development plans, catering to various business needs and maximizing potential revenue streams. Don't miss this chance to secure a prominent position in a high-demand commercial area.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.