16393 HwyTyler, TX 75709

Property Details for 16393 Hwy

Lot size

1.22 AC

Property type

Land

Description

This exceptional 1.224-acre commercial lot, situated at 16393 W Hwy 31 in Tyler, Smith County, Texas (zip code 75709), presents a remarkable investment opportunity. Boasting over 246 feet of road frontage on Highway 31 and over 267 feet on Old Chandler Highway, this property enjoys exceptional visibility and accessibility, with over 20,000 vehicles passing the intersection daily. The lot is conveniently located just one mile from Toll Road 49 and 6 miles from downtown Tyler, offering easy access to major transportation arteries, including Interstate 20, which is 11.5 miles away. Approximately 75% of the land has been recently mulched and cleared, simplifying development. The property is outside Tyler city limits but within the Tyler ETJ (Extra Territorial Jurisdiction). Zoned for Commercial Retail and Multi-Family Dwelling, this parcel offers diverse development possibilities. The asking price is $133,293, reflecting a price per square foot of $2.50. While the listed taxes reflect the entire 13-acre parcel, this lot has been surveyed and is ready for immediate development. Its elevated position ensures excellent visibility for any future business.

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3195

Longitude

-95.4425

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