13026 State Highway 155Tyler, TX 75703

For Sale
$1,200,000

High-traffic location, updated buildings

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a thriving auto sales business situated on a prominent corner lot in Tyler, Texas. The property boasts a total of 5,600 square feet across two buildings, strategically positioned at the intersection of Highway 155 and Lake Placid Road, offering significant visibility and accessibility. The main building, a substantial 2,400 square feet, underwent a complete renovation in 2022, ensuring modern and functional spaces. A secondary 3,200-square-foot shop building provides ample additional space for various automotive-related operations or storage. The property's expansive frontage along Highway 155 (290 feet) and Lake Placid Road (350 feet) maximizes exposure to a high volume of daily traffic. Built in 1999 and meticulously updated, this Class B property is priced at $1,200,000, translating to $214.29 per square foot. The property is currently utilized as a car lot, presenting a turnkey opportunity for continued operation or potential redevelopment. Zoning information is not currently available. This is a rare chance to acquire a well-established, high-visibility commercial property in a desirable Tyler location. The property's size, location, and recent renovations make it an ideal investment for savvy entrepreneurs seeking a strong return.

Highlights

  • $1,200,000 asking price for a Class B retail property.
  • 5,600 square feet, with a price per square foot of $214.29.
  • Two buildings totaling 5,600 square feet, built in 1999, renovated in 2022.
  • Located at 13026 State Hwy 155, Tyler, TX 75703, with high visibility on Hwy 155 and Lake Placid Rd.
  • Currently used as a car lot.

Property Details for 13026 State Highway 155

Property type
Other retail properties, Automotive properties
Square Feet
5,600 SF
Class
B
Year Built/Renovated
1999/2022
Buildings
2
Stories
1

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.291946114018
Longitude
-95.35027671652
13026 State Highway 155, Tyler, Texas

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13026 State Highway 155
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