3924 Troup HwyTyler, TX 75703

Property Details for 3924 Troup Hwy

Year built

2022

Lot size

1.26 AC

Property size (Sq ft)

996 SF

Property type

Turn key restaurants

APN

1-50000-1536-00-041010

APU

150000153600041010

Description

This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Tyler, Texas. Strategically located at 3924 Troup Hwy (Hwy 110), this property boasts approximately 500 feet of frontage on a major thoroughfare, ensuring unparalleled visibility and accessibility. The C-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high-traffic exposure. Its immediate adjacency to the thriving Highland Village Shopping Center, anchored by Super 1 Foods, AtHome, Chick-fil-A, Slim Chickens, and Panda Express, guarantees a robust customer base and significant foot traffic. The property's location within Smith County, Texas, zip code 75703, places it in a prime commercial corridor with top-tier traffic counts. The rear of the tract also provides access from Old Troup. This exceptional location, combined with its generous size and favorable zoning, makes this property an unparalleled opportunity for developers and investors seeking a high-impact commercial presence in a rapidly growing area. The property's excellent visibility and strategic location make it an ideal site for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $322,438

  6.5%

  $297,635

  7%

  $276,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $367,105

  Geo Method

  $751,445

• Alternative Use

  Use

  Valuation

  Residential

  $251,066

  Hospitality

  $229,976

  Educational

  $191,337

  Medical

  $197,917

  Retail

  $297,635

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3063

Longitude

-95.2705

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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