1104 Locust St Tyler, TX 75702
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.
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.