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    2571 W Grande Blvd Tyler, TX 75703
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    2571 W Grande Blvd Tyler, TX 75703

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    • Commercial land
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    Undeveloped Land at Busy Intersection For Sale
    Contact for pricing

    Undeveloped Land at Busy Intersection

    35 acres of undeveloped land in South Tyler, Texas.

    2571 & 2791 W Grande Blvd, Tyler, TX 75703
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    Property ID
    US83-4069713
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 2571 W Grande Blvd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Anchor needed for the NW Corner of Old Jacksonville Hwy and West Grande Blvd in South Tyler. +/- 35 acres of undeveloped land at one of Tyler's busiest intersections.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3322
    Latitude
    32.281471

    Comparable in this City

    • $745,000
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      Tyler, TX Land Opportunity

      Prime commercial or residential land available in Tyler, Texas.
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    • $329,706
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      Commercial Land in Tyler, TX

      Commercial land available in Tyler, TX, with multiple lot sizes.
      1571 W Cumberland Rd, Tyler, TX 75703
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    • $650,000
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      Tyler, TX Drive-Thru Ready Land

      0.67 acre pad site ideal for drive-thru or retail.
      6555 Old Jacksonville Hwy, Tyler, TX 75703
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    • $380,000
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      Land Available on New Copeland

      Commercial or residential lots with excellent visibility and convenient access.
      5789 New Copeland Rd, Tyler, TX 75703
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    • $3,850,000
      110.08 Acres

      South Tyler Acreage For Sale

      110+ acres with development potential near Bullard and Loop 49.
      2280 County Road 129, Tyler, TX 75703
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    • $1,300,000
      7.98 Acres

      Tyler, TX Unimproved Land

      7.98 acres of commercial land with highway frontage.
      16326 State Highway 155 S, Tyler, TX 75703
      View Details

    Similar Nearby for Sale

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      Commercial Pad Site in Tyler

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    • $475,675
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      Tyler Pad Site For Sale

      0.78 acre pad site ideal for retail development.
      6555 Old Jacksonville Hwy, Tyler, TX 75703
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    • $284,708
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      Commercial Land in Tyler, TX

      Commercial land available for sale in Tyler, Texas.
      2004 Blue Mountain Blvd, Tyler, TX 75703
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    • $1,300,000

      Highway Frontage Commercial Land

      Level acreage with highway frontage, utilities, and commercial potential.
      16326 State Highway 155, Tyler, TX 75703
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      Broadway Hills Plaza Retail Sites

      Office and retail sites in a high-traffic, upscale complex.
      7925 S Broadway Ave, Tyler, TX 75703
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      Blue Ridge Development Land For Sale

      Multiple commercial lots available in Tyler's Blue Ridge development.
      2114 Blue Mountain Blvd, Tyler, TX 75703
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    Similar Nearby for Lease

    • $3,480 /Mo
      82,198 SF

      Tyler, TX Retail/Office Space

      Retail or office build-to-suit for lease in Tyler, TX.
      5647 Kpe Way, Tyler, TX 75703
      View Details
    • $20,000 /Mo
      20,000 SF

      Tyler, TX Land For Lease

      Land for lease in Tyler, TX with build to suit opportunity.
      5637 Paluxy Dr, Tyler, TX 75703
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    • $6,960 /Mo
      82,198 SF

      Retail or Office Build-to-Suit

      Retail or office space for lease in Tyler, TX.
      5647 Kpe Way, Tyler, TX 75703
      View Details
    • Contact for pricing

      Future Office & Medical Development

      Commercial land for rent in mixed-use development.
      3556 W Grande Blvd, Tyler, TX 75703
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    • Contact for pricing

      Future Office & Medical Development

      Office and medical development with retail, multi-family, and senior living.
      3556 West Grande Blvd, Tyler, TX 75703
      View Details
    • Contact for pricing

      Land in Cumberland Park

      Regional mega-center land for lease in Tyler, Texas.
      8904 S Broadway Ave, Tyler, TX 75703
      View Details
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    Tyler, TX 75703
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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