2604 Garden Valley Rd Tyler, TX 75702
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 32.4+/- acre, 120-unit duplex development site (the “Site”) located along Garden Valley Road in Tyler, Texas. The Site is currently zoned R-1D and PUR which allows up to 120 units on the 120 platted duplex lots; a Developer can do “for sale” or “for rent” product. It is our understanding the 9.34+/- acres on the southside of Garden Valley Road that is zoned R-ID can also be developed as single family detached homes or modular homes. Ownership’s existing third-party reports and construction plans to be conveyed at Closing. The Site is located less than a mile east of Loop 323. At a price of $11,667 per Developable Unit ($0.99 PSF) , this is an excellent value for entitled lots in a rapidly growing market in East Texas. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail. To gain access to the Due Diligence Vault click on the link below: Link to Tyler Development Site Due Diligence Vault
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.