16393 HwyTyler, TX 75709

For Sale
$261,360

3-Acre Commercial Lot, Reduced Price

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3-acre commercial lot, located at 16393 W Hwy 31 in Tyler, Texas (zip code 75709), presents a remarkable investment opportunity. Recently mulched and cleared, this property boasts over 442 feet of road frontage on Highway 31 and over 425 feet on Old Chandler Highway. With over 20,000 vehicles passing this intersection daily, it offers unparalleled visibility and accessibility for a new business. The lot is well-elevated, providing excellent visibility. Conveniently situated just one mile from Toll Road 49, six miles from Tyler, and 11.5 miles from I-20, this location ensures easy access for customers and employees. The property is outside Tyler city limits but within the Tyler ETJ (Extra Territorial Jurisdiction). The land is zoned for Commercial Retail and Multi-Family Dwelling, offering flexibility for various development options. The asking price is $261,360. Note that the listed taxes reflect the entire 13-acre parcel, not just this 3-acre lot. This is a ready-to-develop site with significant potential for high returns. The property has been surveyed, and this specific lot (Lot 2) is 3 acres.

Property Details for 16393 Hwy

Property type
Other land, Land
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3194496
Longitude
-95.4425038
16393 Hwy, Tyler, Texas

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16393 Hwy
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