Property profile

15844 State Hwy 31st W Tyler, TX 75709

OFF-MARKET
Auto shops
Property ID
US82-2576285
8,004 SF 1.32 ac lot Built 2013
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

A 7.34-acre mixed-use property located at 15844 State Hwy 31 W, less than one mile west of Loop 49, featuring an 8,250 SF shop designed for servicing large trucks and including an equipment/service pit; on-site truck parking includes 33 spaces located on approximately 3 acres. The western portion of the property includes an approximately 2-acre parcel with separate access from Hwy 31 W, which supports potential for additional development or separate uses. Also on-site is a 2,945 SF brick house that was renovated in 2013 for office use and later converted back to a residence in 2017; it contains 3 bedrooms, 3.5 bathrooms, and a bonus room, and includes fiber-optic internet service and a saltwater pool with a heating system. The property further includes a 2,078 SF energy-efficient doublewide home with 3 bedrooms and 2 bathrooms, along with exterior amenities including a back porch with a hot tub and a granite table, and a Generac 22-watt generator for backup power. The layout combines commercial and residential improvements with areas suited to parking, service, and agricultural or related uses.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2013
Total area 8,004 SF
Lot 1.32 ac (57,325 SF)
APN 1-00000-0379-00-010010
UPID US82-2576285

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Freight Service Logistics Company

Location

15844 State Hwy 31st W Tyler, TX 75709-3338
Tyler metro Census 1607 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2017
4 recorded transactions
2020
Price N/A
2017
Price N/A
2012
Price N/A
1969
Price N/A

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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