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24468055
24468056

15844 State Hwy 31 W, Tyler, TX 75709

Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate
$1,650,000
367 days on market
Updated 2 days ago

Income-Producing Auto Shop + Two Residences

Details
Property Type Industrial
Sub Type Flex
Square Footage 8,250
Net Rentable (SqFt) 8,250
Units 3
Tenancy Single
Lease Type NNN
Lease Expiration 01/01/2027
Buildings 3
Stories 1
Acreage 7.340
Zoning Commercial & Residential
Ground Lease No

15844 Hwy 31 W | Tyler, TX 75709

Marketing description

This strategically located, 7.34-acre property at 15844 State Hwy 31 W, less than a mile west of Loop 49, offers a blend of commercial, residential, and agricultural features ideal for a variety of uses. This unique property includes a successful 8,250 SF 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.

A 2-acre parcel on the west side of the property, complete with its own access on Hwy 31 W, offers additional development potential or separate uses.

The 2,945 SF brick house, renovated in 2013 for office use and converted back to a residence in 2017, features 3 bedrooms, 3.5 baths, and a bonus room. The home also has a fiber optic internet connection and a saltwater pool with heating system.

Residential highlights also include a 2,078 SF, 3-bedroom, 2-bath, 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.

OWNER FINANCING AVAILABLE.

Investment highlights

  • Buildings: Industrial (8,250 SF)
  • Single-family home (2,945 SF)
  • Doublewide home (2,078 SF)
  • Approx. two acres that can be developed
  • Traffic count: 18,429 vpd
  • Zoning: Industrial, Residential

Listing Contacts

Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate

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