15844 State Highway 31 W - Truck Terminal FOR SALE


Tyler, TX 75709
$1,650,000 USD
903-570-7366
15844 State Highway 31 W, Tyler, TX for Sale
$1,650,000 USD
Truck Terminal - FOR SALE
1/18
null | Request Cap Rate

15844 State Highway 31 W
Tyler, TX 75709


HIGHLIGHTS

  • Buildings: Industrial (8,250 SF)
  • Single-family home (2,945 SF)
  • Doublewide home (2,078 SF)
  • Additional structures comprise a garage repurposed for storage a converted semi-trailer, a two-car carport, and a fenced 2-acre shared backyard.
  • Agricultural elements include a newly finished greenhouse equipped with water, electricity, and climate control features, and a variety of fruit trees
  • This property’s diverse attributes provide multiple revenue streams making it a prime investment opportunity.

OVERVIEW

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. Buildings: -Industrial (8,250 SF) -Single-family home (2,945 SF) -Doublewide home (2,078 SF) -Traffic count: 18,429 vpd -Zoning: Industrial, Residential

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income-Producing Auto Shop + Two Residences

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

5

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.34

LAND SF

319,730

ZONING

Commercial & Residenti

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.