10925 E Highway 31 East, Tyler

$988,918

0 Beds
0 Baths
1,758,255 Sqft
40.36 Acres
0 Garages

40 Prime Acres located in one of the fastest growing commercial areas of Tyler. The new Super Walmart at the corner of East Northeast Loop 323 and Hwy. 31 East was the catalyst for creating a positive environment for building your commercial business on the East side of Tyler. One of the great advantage to this long rectangular property is a total of 5011 feet of road frontage. The longest frontage of this property is on Hwy. 31 East with 2,638 feet of road frontage. The other side of this property backs up to FM 850 and is 2,373 feet of frontage. Selling as a whole with no deed restrictions on this property. If sold in smaller tracts would require restrictions plus an increase in the price per acre. Another option of usage for this property is the development of a residential sub-division. An ideal location that is this close in to Tyler. Perfect country setting in the sprawling Chapel Hill Community. The CHISD is a large school district located East of Tyler. Chapel Hill has multiple campuses with good scholastic ratings. Buyer is responsible for any back property taxes if the current land use is changed and is also responsible to confirm any restrictions that might be imposed by the City of Tyler’s Extra Territorial Jurisdiction. Drive out and take a look at this "new on the market" great commercial property.

Essential Information
MLS® #10114969
Price$988,918
Square Footage1,758,255
Square FootageSurvey
Acres40.36
TypeCOMMERCIAL BUILDING/LAND
Sub-TypeLand
StyleTimber
StatusActive
Community Information
Address10925 E Highway 31 East
CityTyler
CountySmith
StateTX
Zip Code75705
Exterior
Lot Description0000
ConstructionNone
Additional Information
ZoningOther/See Remarks
ForeclosureYes
Listing Details
AgentModena Jernigan
OfficeLone Star Realty -Tyler
Property History
Price Reduced from $1,200,000 to $988,918
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