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Property profile & analytics
FOR SALE
Commercial real estate

11985 State Highway 64 Tyler, TX 75707

4.7 ac lot
Property ID
US82-2912844
Property summary
AI-generated overview

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
Verified
Property type Commercial real estate
Lot 4.7 ac (204,558 SF)
APN R020806
UPID US82-2912844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mary Scholl's Alterations (Bike/Boat/Book/etc) Store
  • Make Me Chic Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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