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3020 W Gentry Pky 2.33 Acres of Commercial Land Offered at $500,000 in Tyler, TX 75702

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INVESTMENT HIGHLIGHTS

.5 miles from Loop 323
Site is zoned C-1 (General Commercial), opportunity for a multitude of uses

16,500+ cars per day traffic count

EXECUTIVE SUMMARY

Prime 2.334 acre site located in Tyler. Located just .5 miles from Loop 323. 16,500+ cars per day in front of the subject property. Site able to fit 20,000 square foot shopping center with wrap around drive lanes (with relief lane) for drive thru capabilities on each end cap unit. Site is zoned C-1 (general commercial) making it possible for a multitude of uses.

S & S Properties D Size Draft A1

OM_Prime2.334AcresinTylerTX_Dec2024

J4678 PLAT

PROPERTY FACTS

Price	$500,000	Proposed Use	Commercial
Sale Type	Investment or Owner User	Total Lot Size	2.33 AC
No. Lots	1	Cross Streets	Shafer Ln
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	C-1 - General Commercial

Price	$500,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	2.33 AC
Cross Streets	Shafer Ln
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - General Commercial

1 LOT AVAILABLE

Lot

Price	$500,000	Lot Size	2.33 AC
Price Per AC	$214,592.27

Price	$500,000
Price Per AC	$214,592.27
Lot Size	2.33 AC

Site able to fit 20,000 square foot shopping center with wrap around drive lanes (with relief lane) for drive thru capabilities on each end cap unit.

DESCRIPTION

West Gentry Parkway is a major thoroughfare in Tyler. This property, located just .5 miles from Loop 323, enjoys a traffic count of over 16,500 cars per day. It has excellent visibility and accessibility for businesses, ensuring a steady flow of potential customers and clients. The property is close to several prominent retail and commercial centers, such as the Broadway Square Mall and The Village at Cumberland Park. These shopping destinations attract a large number of shoppers and contribute to the overall vibrancy of the area. Tyler is home to various educational institutions, including the University of Texas at Tyler and Tyler Junior College. These institutions provide a steady demand for rental properties and create opportunities for businesses catering to the student population. The area surrounding the property is experiencing significant residential growth, with several new housing developments and neighborhoods being built nearby. This growth indicates a potential increase in the customer base for businesses in the area and a growing demand for commercial services.