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$ 1,200,000
Est. payment /mo
Active
16393 W HWY 31 Tyler, TX 75709
12.95 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24012259
Construction Status Unknown
Annual Tax Amount $26,997
Tax Year 2024
Lot Size 12.950 Acres
Acres 12.95
Property Sub-Type Land
Source Greater Tyler Association of REALTORS
Property Description
At the crossroads of promise, this exceptional property embodies untapped potential. Its sprawling corner parcel, boasting over 1,550 feet of road frontage on HWY 31 and an additional 483 feet on FM 2661, serves as a strategic canvas for new business ventures. Positioned strategically, the land benefits from a constant flow of traffic, with over 20,000 cars passing through the intersection daily, enhancing its appeal for prospective entrepreneurs. Beyond its expansive frontage, the property's allure is accentuated by its elevated positioning, ensuring prominence and providing an impressive vantage point. Easy access further enhances its charm, making it a convenient destination for local residents and commuters alike. The exceptional visibility draws attention to the myriad possibilities on this prime piece of real estate. Location is a pivotal factor in the property's allure, just 1 mile from Toll Road 49, facilitating swift connectivity to major routes, including I-20. Its strategic positioning, only 6 miles from Tyler and 1 mile from Chandler, places it at the crossroads of key transportation hubs, establishing the property as a hub of convenience and accessibility. Meticulously divided into five smaller parcels, the property offers flexibility for potential buyers to acquire individual parcels or the entire property. Situated just beyond Tyler City Limits but within the jurisdiction of Tyler ETJ (Extraterritorial Jurisdiction), it strikes a harmonious balance between rural tranquility and urban proximity. Prospective buyers stand to benefit from potential access to city sewer services, providing a layer of convenience and modern infrastructure. The option to connect to the City of Chandler's sewer system adds a valuable dimension. The waste station's proximity, approximately 1 mile West on HWY 31 towards Chandler, positions this parcel as an ideal candidate for streamlined utility access. About 75% of the land has been recently mulched and cleared.
Location
State TX
County Smith
Interior
Furnishings Unknown
Exterior
Road Frontage County Road, Highway
Building
Lot Description Major Arteries, Outside City Limits
Construction Status Unknown
Listed by Ray Verhey Staples Commercial Group, LLC