5681 New Copeland Rd Tyler, TX 75703
This exceptional one-acre lot at 5681 New Copeland Road in Tyler, Texas, presents a unique investment opportunity. Zoned R-1A, the property boasts approximately 100 feet of road frontage on New Copeland Road, offering excellent visibility and accessibility. The lot's location provides easy access to Loop 323 and E Grande Blvd, ensuring convenient commutes for employees and clients. 2021 Texas Department of Transportation traffic counts reveal a daily average of 15,662 vehicles on New Copeland Road, highlighting the high traffic volume in the area. Currently featuring a 1,216 square foot house (previous residential use), this property is ideally suited for redevelopment into an office space. The surrounding area is home to established businesses such as Providence Park Rehab and Nursing Care, EPIC Office Solutions, Texas Arthritis, and Tyler Eye Associates, creating a strong commercial presence. The property's APN is 150000101309016000, and it is located in Smith County, Texas, zip code 75703. This versatile property offers significant potential for investors and end-users seeking a prime location for office development in a thriving area of Tyler. The asking price is $280,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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