364 And Loop Tyler, TX 75701
- Land
- 92.00 lot acres
Current Use by Public Records
- Land
Property Details for 364 And Loop
- Lot size
- 92.00 lot acres
- Property type
- Land
Description
This exceptional 92-acre commercial land parcel presents a significant investment opportunity in Tyler, Texas. Strategically located at the intersection of Spur 364 and Loop 323, this property boasts approximately 1,400 feet of frontage along these major thoroughfares. The high-traffic location is ideal for a variety of commercial developments, capitalizing on the area's robust activity. 2015 traffic counts reveal 10,032 vehicles per day on Spur 364 and an impressive 38,638 vehicles per day on Loop 323. The land itself is heavily wooded, offering a unique blend of natural beauty and development potential. Situated outside the Tyler city limits, this property offers flexibility in development plans and potential cost savings. The asking price is $5,600,000, translating to $55,000 per acre. The property's APN is 10000-0004-80-0011000. This prime location within Tyler's established auto dealership corridor makes it an attractive proposition for businesses seeking high visibility and accessibility. The substantial acreage and prime location make this a rare and valuable opportunity for commercial development in a thriving Texas market. This property is zoned for commercial use.
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
- -95.3412
- Latitude
- 32.3128
