3020 State Highway 31 Tyler, TX 75702
- Commercial real estate
- 8.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3020 State Highway 31
- Lot size
- 8.38 lot acres
- Property type
- Commercial real estate
- APN
- 1-50000-1402-00-004070
- APU
- 150000140200004070
Description
This exceptional 56,250-square-foot warehouse, situated on an 8.38-acre lot in Tyler, Texas, presents a build-to-suit opportunity ideal for warehouse, distribution, or flex users. Located at 3020 State Hwy 31 E, zip code 75702, this single-tenant property boasts ample parking and excellent truck accessibility. The building features dock-high loading capabilities, ensuring efficient operations. The property is zoned M-1 (Light Industrial), providing flexibility for various industrial uses. Power is supplied via a 3-phase system, accommodating high-power equipment needs. Smith County location offers convenient access to major transportation routes. The provided site plan is a representation of the 56,250 square foot building
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $280,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $290,000
- Mixed-Use
- $290,000
- Hospitality
- $330,000
- Educational
- $240,000
- Residential Income
- $245,000
- Energy
- $285,000
- Income-Based Land
- $300,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.2624
- Latitude
- 32.35
- CBSA code
- 46340
- CBSA name
- TYLER, TX METROPOLITAN STATISTICAL AREA