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2604 Garden Valley rd - 120-Unit Zoned Development Site 32.4 Acres of Residential Land Offered at $6,060,000 in Tyler, TX 75702
INVESTMENT HIGHLIGHTS
- The Site is located adjacent to the prestigious Willow Brook Country Club and has frontage on Garden Valley Road less than a mile east of Loop 323.
- The Site is well located within Tyler ISD only half mile west of Ramey Elementary, half mile east of Boulter Middle, and mile northeast of Tyler High.
- The Site consists of 120 individually platted lots with a primary lot size of 39.5’ x 118’.
- Ownership will also be conveying all third-party reports and existing construction plans at Closing.
- The portion of the Site located on the north side of Garden Valley Road is zoned PUR. The Site on the south side of Garden Valley Road is zoned R-1D.
- The Site is currently located within an Opportunity Zone.
PROPERTY FACTS
| Price | $6,060,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 32.40 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | PUR; R-1D | ||
| Price | $6,060,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 32.40 AC |
| Opportunity Zone |
Yes |
| Zoning | PUR; R-1D |
1 LOT AVAILABLE
Lot
| Price | $6,060,000 | Lot Size | 32.40 AC |
| Price Per AC | $187,037.04 |
| Price | $6,060,000 |
| Price Per AC | $187,037.04 |
| Lot Size | 32.40 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase a 120 single family finished lots (the “Site”) located along the north and south side of Garden Valley Road in Tyler, Texas. The Site is currently zoned R-1D – Single Family Attached and Detached Residential District and PUR – Planned Unit Residential and consists of 120 individually platted lots; with a primary lot size of 39.5’x118’. A Developer can do “for sale” or “for rent” product. Located less than a mile east of Loop 323, the Site provides a unique opportunity to develop high density residential in an established sector in the City of Tyler. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail.
CONTACTS
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Alex Johnson -
Vanguard Real Estate Advisors
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2604 Garden Valley rd - 120-Unit Zoned Development Site
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