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16393 Highway 31
1.22 - 4.07 Acre Commercial Land Lots Offered at $133,293 - $400,000 Per Lot in Tyler, TX 75709
Investment Highlights
- Over 20,000 cars pass by daily
- Plenty of street access
- Great Corner Location
Executive Summary
Nestled at the crossroads of opportunity, this exceptional property stands as a beacon of potential with its sprawling corner parcel boasting over 1,550 feet of road frontage on HWY 31 and an additional 483 feet on FM 2661. Strategically positioned, the land enjoys a constant flow of traffic, with over 20,000 cars traversing this intersection daily, making it an ideal canvas for the realization of a new business venture.
The property's allure extends beyond its extensive frontage—it is well elevated, ensuring prominence and providing an impressive vantage point. Easy access further enhances its appeal, making it a convenient destination for both locals and commuters alike. Its great visibility only adds to the allure, drawing attention to the myriad possibilities that await on this prime piece of real estate.
Location plays a pivotal role in this property's allure, being a mere 1 mile from Toll Road 49, offering swift connectivity to major routes including I-20, and strategically positioned only 6 miles from Tyler and 1 mile from Chandler. This proximity to key transportation hubs positions the property as a hub of convenience and accessibility.
Divided into five smaller parcels, the property has already been meticulously surveyed, each with its own driveways, presenting a unique opportunity for potential buyers. Whether the preference is to acquire individual parcels or seize the entirety, the flexibility afforded by this layout caters to diverse visions and aspirations.
Situated just beyond Tyler City Limits but within the jurisdiction of Tyler ETJ (Extraterritorial Jurisdiction), the property strikes a harmonious balance between rural tranquility and urban proximity. This distinction opens up possibilities for various land uses and developments, allowing for a dynamic range of projects that align with both residential and commercial interests.
A notable advantage for prospective buyers lies in the potential access to city sewer services. The option to connect to the City of Chandler's sewer system adds a layer of convenience and modern infrastructure to the property. The proximity of the waste station, located approximately 1 mile West on HWY 31 towards Chandler, TX, positions this parcel as a prime candidate for streamlined utility access.
In summary, this property is more than just a corner of land; it is a canvas for opportunity and growth. With its strategic location, extensive frontage, elevation, and accessibility, it presents a rare chance to shape a venture that thrives on visibility and convenience. Whether you envision a Fast Food enterprise, a Retail development, or a combination of both, this property offers the space, potential, and flexibility to turn dreams into reality. It stands as a testament to the adage that in real estate, location is key, and this parcel's location speaks volumes about the boundless possibilities it holds for the discerning buyer.
All of the lots are surveyed as shown and can not be changed in size, all driveways may need to be approved by TXDOT or Henderson County.
Property Facts
| Price | $133,293 - $1,516,015 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 5 | Total Lot Size | 12.95 AC |
| Property Type | Land |
| Price | $133,293 - $1,516,015 |
| Sale Type | Investment or Owner User |
| No. Lots | 5 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.95 AC |
5 Lots Available
Lot 1
| Price | $133,293 | Lot Size | 1.22 AC |
| Price Per AC | $109,257 |
| Price | $133,293 |
| Price Per AC | $109,257 |
| Lot Size | 1.22 AC |
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! Far end of the property, nice small 1.22 acre lot with HWY 31 shared access driveway and rear Old Chandler HWY shared access driveway.
Lot 2
| Price | $261,360 | Lot Size | 3.00 AC |
| Price Per AC | $87,120 |
| Price | $261,360 |
| Price Per AC | $87,120 |
| Lot Size | 3.00 AC |
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! Located close to the center of the entire property, nice 3 acre lot with HWY 31 shared access driveways and rear Old Chandler HWY shared access driveways.
Lot 3
| Price | $400,000 | Lot Size | 4.07 AC |
| Price Per AC | $98,280 |
| Price | $400,000 |
| Price Per AC | $98,280 |
| Lot Size | 4.07 AC |
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! Located in the center of the entire property, nice 4 acre lot with HWY 31 shared access driveways and rear Old Chandler HWY shared access driveways.
Lot 4
| Price | $397,842 | Lot Size | 2.54 AC |
| Price Per AC | $156,631 |
| Price | $397,842 |
| Price Per AC | $156,631 |
| Lot Size | 2.54 AC |
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! Located on the front hard corner of the entire property, nice 2.54 acre lot with HWY 31 shared access driveway and side FM 2661 shared access driveway.
Lot 5
| Price | $323,520 | Lot Size | 2.12 AC |
| Price Per AC | $152,604 |
| Price | $323,520 |
| Price Per AC | $152,604 |
| Lot Size | 2.12 AC |
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! Located on the rear hard corner of the entire property, nice 2.12 acre lot with FM 2661 shared access driveway and rear Old Chandler HWY shared access driveway.
Description
REDUCED Price, Newly Mulched, Cleared & Ready to Sell, Send me your Offers! The entire 13 acres has over 1550' of road frontage on HWY 31 and over 483' of frontage on FM 2661. With over 20,000 cars passing through this intersection daily it's prime for a new business. Well elevated, easy access, great visibility, only 1 mile form Toll Road 49, 6 miles to Tyler and 11.5 miles to I-20. Owner has subdivided the land into smaller portions, prices will vary depending on size and location, see attached photos of smaller lots proposed. The lot size shown is already surveyed Lot 1: 1.224 ac is $2.50 psf, $133,293 Lot 2: 3.00 ac is $2.00 psf, $261,360 Lot 3: 4.076 ac is $2.25 psf, $400,000 Lot 4: 2.537 ac is $3.60 psf, $397.842 Lot 5: 2.122 ac is $3.50 psf, $323,520 All 13 acres is $2.55 psf, $1,444,014
PROPERTY TAXES
| Parcel Number | 1-00000-0142-00-002010 | Improvements Assessment | $0 |
| Land Assessment | $1,727,328 | Total Assessment | $1,727,328 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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16393 Highway 31
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