Active

15844 Hwy 31 W

Tyler TX, 75709

$1,950,000


Active

Commercial

Built in 1964

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.

24008144

MLS ID

June 13, 2024

Listed

October 1, 2024

Updated

Map

15844 Hwy 31 W
Tyler TX, 75709

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

7.34 Acres

Other Property Details

Garage

No


View

No


County

Smith


Pool

No


Zoning

Other/See Remarks

 

Courtesy of Sam Scarborough, Scarborough Commercial Real Estate

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

 Data last updated: 10/1/2024, 9:01 PM UTC.

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