Property summary
This exceptional 4.696-acre commercial land parcel presents a unique investment opportunity in Tyler, Texas. Strategically located on Highway 64 East, approximately 3.5 miles east of Loop 323, this property boasts approximately 175 feet of highway frontage, ensuring high visibility and accessibility. The land is situated outside city limits, offering potential flexibility in development and usage. The property's zoning is unrestricted ("No Zoning"), opening doors to a wide range of commercial ventures. Envisioned uses could include an RV park, self-storage facility, or light industrial development, all capitalizing on the property's prime location and ample space. An attractive feature is the availability of an assumable loan, significantly reducing the initial financial burden. Furthermore, the seller is offering a buyer-friendly closing process with no closing costs. A down payment of $19,000 is required. This is a rare chance to acquire a substantial commercial land holding with significant development potential at an exceptionally competitive price of $299,000. The APN is R020806. This property is located at 11985 State Hwy 64, Tyler, TX 75707.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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