Listed by Scarborough Commercial Real Estate
$475,000
Acreage with Industrial + Residential Properties
Details
APN 1-00000-0842-00-013010,1-50000-1555-01-013030
Property Type Retail, Mixed Use
Sub Type Residential, Commercial
Square Footage 2,652
Occupancy 50%
Tenancy Vacant
Lease Type Gross
Year Built 1940
Buildings 2
Stories 1
Acreage 1.600
Zoning C-1 Light Commercial
Investment Type Value Add
Ground Lease No
5131-5133 Troup Hwy, Tyler, TX 75707
Marketing description
This versatile property offers both income potential and future development upside, positioned along one of Tyler's key thoroughfares. Acreage is great potential site for fast food or QSR.
5131 Troup Hwy: Comprises 0.48 acres of land plus a currently leased rental home (1,152 SF), providing income of $650/month.
5133 Troup Hwy: Includes 1.11 acres of land plus a 1,500 SF warehouse / office building with a lease rate of $1,450/month.
Barn behind shop provides 15' x 30' of storage. Frontage along Troup Highway (Highway 110) provides excellent ingress/egress and exposure.
In total, this presents an attractive opportunity for investors, owner-users, or developers seeking visibility, accessibility, and flexibility in a growing East Texas market.
Investment highlights
- Strategic Location: Surrounded by established residential neighborhoods and national retailers, the location supports strong consumer traffic and long-term growth potential.
- Income-Producing: The property features two buildings which will generate cash flow while planning for future development or expansion on the remaining acreage.
- Zoning Flexibility: C-1 zoning provides a wide range of potential uses, from commercial development and office/warehouse operations to mixed-use concepts, giving investors multiple pathways to maximize value.
Listing Contacts
Listed by Scarborough Commercial Real Estate
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