$ 1,950,000
15844 Hwy 31 W Tyler, TX 75709
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$ 1,950,000
Est. payment /mo
Active
15844 Hwy 31 W Tyler, TX 75709
7.34 Acres Lot
UPDATED:
08/05/2024 06:49 PM
Key Details
Property Type Commercial Building/Land
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 24008144
Lot Size 7.340 Acres
Acres 7.34
Lot Dimensions 204 x 441
Property Description
Owner financing is available for this versatile 7.34-acre property at 15844 State Hwy 31 W, offering a blend of commercial, residential, and agricultural features ideal for a variety of uses, and conveniently located less than a mile west of Loop 49. This unique property includes a successful 8,250 sq ft shop with a pit for servicing large trucks, currently leased until 2027 and generating $3,000 monthly. Additionally, 33 truck parking spaces on 3 acres bring in $100 per month each. The durable parking lot, built in 2013 with crushed concrete, ensures longevity. A standout feature is the 2-acre parcel on the west side of the property, complete with its own curb cut on Hwy 31 W, offering additional development potential or ease of access for separate uses. Residential highlights include a 2,078 sq ft energy-efficient doublewide home with modern amenities, a back porch with a hot tub and granite table, and a Generac 22-watt generator for power security. The 2,945 sq ft brick house, renovated in 2013 for office use and converted back to a residence in 2017, features Cat 6 cabling, a fiber optic internet connection, a saltwater pool with heating system. Agricultural elements include a newly finished greenhouse equipped with water, electricity, and climate control features, and a variety of fruit trees and plants. Additional structures comprise an old garage repurposed for storage, a converted semi-trailer, a two-car carport, and a fenced 2-acre shared backyard. This property’s diverse attributes provide multiple revenue streams and a comfortable living environment, making it a prime investment opportunity.
Location
State TX
County Smith
Area Smith
Zoning Other/See Remarks
Exterior
Waterfront No
View Y/N No
Listed by Sam Scarborough • Scarborough Commercial Real Estate
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