16914 State Highway 64 Tyler, TX 75704
This exceptional 228.8-acre property in Smith County, Texas, presents a unique investment opportunity. Located near Tyler, TX, at 16914 State Hwy 64, zip code 75704, this expansive land boasts approximately 3,403 feet of State Highway frontage, offering significant commercial development potential. Currently unzoned, the property allows for flexible mixed-use development. The land is also ideal for hunting and recreational activities. A well-managed pine plantation currently exists, having been thinned once, presenting potential for future timber sales and generating additional income streams. Utilities such as water and electricity are available in the surrounding area, although not currently connected to the property. Note that the property is situated in an unincorporated area of Smith County, offering a unique blend of rural tranquility and proximity to the amenities of Tyler. This substantial acreage provides a rare chance to acquire a versatile property with diverse income-generating possibilities. The asking price is $1,894,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.