Property profile

1104 Locust St Tyler, TX 75702

OFF-MARKET
Land
1.02 ac lot
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Property summary

AI-generated overview

This exceptional 1.018-acre lot, situated at 1104 E Locust St in Tyler, Texas (zip code 75702), presents a compelling investment opportunity. Zoned M-1 Light Industrial, this property is perfectly suited for a variety of light industrial uses, including warehousing, manufacturing, or service-related businesses. Its prime location near downtown Tyler ensures high visibility and convenient access to major transportation routes. The lot boasts a highly desirable corner location, providing access from both Locust Street and Fleishel Avenue, enhancing accessibility and potential for development. Utilities are readily available at the street, simplifying the development process. This property offers significant potential for businesses seeking a strategic location within a thriving community. The lot's size and zoning make it an attractive option for developers and entrepreneurs alike. Its proximity to established businesses further enhances its value and potential for growth. This is a rare opportunity to acquire a well-located, versatile industrial lot in a dynamic Texas market. Don't miss out on this chance to secure a prime piece of real estate in the heart of Tyler.

Property profile

Verified
Property type Land
Lot 1.02 ac (44,344 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1104 Locust St Tyler, TX 75702
Tyler metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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