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High-Impact Dev Site with Highway Frontage S Commerce 0.59 Acres of Commercial Land Online Auction Sale Overton, TX 75684
Investment Highlights
- Versatile 0.59-acre development lot fronting State Highway 135 N, with flexible zoning for retail, commercial, or service-oriented projects.
- Highly visible to over 4,000 daily vehicles on a vibrant retail corridor offering a Brookshire’s, Dollar General, Family Dollar, and Dairy Queen.
- Positioned within approximately 30 minutes of both Tyler and Longview, allowing businesses to tap into valuable added customer bases.
- Gently sloping, raw land with paved road access, sidewalks, and all utilities running to the site, ensuring a streamlined development process.
- Attractive 10-mile demographics include over 29,000 residents with an average household income of more than $86,000 and annual spending over $319M.
- Absolute auction | Starting bid $1.
Executive Summary
Seize a prime development opportunity in East Texas with the versatile land available on S Commerce Street in the heart of Overton. This 0.59-acre parcel has flexible General Business (GB) zoning, permitting a wide range of retail, commercial, and service-oriented development projects.
The available parcel comprises gently sloping, raw land, spanning between Brandon and Cohagen Streets. The site has paved road access and sidewalks, with all utilities running to the site. This in-place infrastructure allows for a more streamlined and efficient development process.
Direct frontage to State Highway 135 N (Commerce Street) enhances the property’s appeal for new commercial development. The bustling corridor serves as the main north-south artery for Overton, with traffic counts exceeding 4,000 vehicles per day. Commerce Street also presents a vibrant retail corridor, placing developments near national brands such as Brookshire’s, Dollar General, Family Dollar, Dairy Queen, and more.
Looking within 10 miles of the subject property, Overton offers compelling demographics to support new developments in the area. The region is home to a growing population of more than 29,000, with an average household income of over $86,000 and more than $319 million in annual consumer spending. In addition to this valuable local base, businesses can easily tap into large nearby markets such as Tyler and Longview, both reachable in approximately 30 minutes.
Blending flexible zoning, in-place infrastructure, and access to major roadways and amenities, the S Commerce Street development site offers the perfect choice for businesses, developers, and investors seeking to make a mark in East Texas.
The available parcel comprises gently sloping, raw land, spanning between Brandon and Cohagen Streets. The site has paved road access and sidewalks, with all utilities running to the site. This in-place infrastructure allows for a more streamlined and efficient development process.
Direct frontage to State Highway 135 N (Commerce Street) enhances the property’s appeal for new commercial development. The bustling corridor serves as the main north-south artery for Overton, with traffic counts exceeding 4,000 vehicles per day. Commerce Street also presents a vibrant retail corridor, placing developments near national brands such as Brookshire’s, Dollar General, Family Dollar, Dairy Queen, and more.
Looking within 10 miles of the subject property, Overton offers compelling demographics to support new developments in the area. The region is home to a growing population of more than 29,000, with an average household income of over $86,000 and more than $319 million in annual consumer spending. In addition to this valuable local base, businesses can easily tap into large nearby markets such as Tyler and Longview, both reachable in approximately 30 minutes.
Blending flexible zoning, in-place infrastructure, and access to major roadways and amenities, the S Commerce Street development site offers the perfect choice for businesses, developers, and investors seeking to make a mark in East Texas.
Data Room Click Here to Access
- Property Information
- Purchase Agreement
- Title and Insurance
- Register to Bid Instructions
Property Facts
| Property Type | Land | Total Lot Size | 0.59 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 0.59 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
1 Lot Available
Lot
| Lot Size | 0.59 AC | Parcel Numbers | 10565, 10566 |
| Lot Size | 0.59 AC |
| Parcel Numbers | 10565, 10566 |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Sale Advisor
Sale Advisor
Samuel Scarborough CCIM, Broker/President
Samuel Scarborough, CCIM, is a highly experienced and accomplished commercial real estate broker based in Tyler, TX. Since 2016, Samuel has earned a reputation as a trusted advisor and expert in the local market.
He quickly established himself as a rising star in the industry, earning his Certified Commercial Investment Member (CCIM) designation in 2023, which is a globally recognized symbol of excellence in commercial real estate.
Over the course of his career, Samuel has built a strong track record of success representing clients in a wide range of commercial real estate transactions, including office, retail, industrial, and multifamily properties. He has a deep understanding of the local market and is known for his ability to identify opportunities that others may overlook.
Samuel is passionate about helping his clients achieve their goals and takes a hands-on approach to every transaction. He believes that communication is key, and works closely with his clients throughout the entire process to ensure that their needs are met and their expectations are exceeded.
In addition to his work as a commercial real estate broker, Samuel is actively involved in the Tyler community. He serves on the board of several local organizations, including the Tyler Economic Development Council, Champion’s for Children, Hospice of East Texas, Heart of Tyler, and many others.
Whether you are a buyer, seller, or landlord, Samuel Scarborough, CCIM, has the expertise and knowledge to help you achieve your commercial real estate goals. Contact Scarborough Commercial Real Estate today to learn more about how we can help you succeed.
He quickly established himself as a rising star in the industry, earning his Certified Commercial Investment Member (CCIM) designation in 2023, which is a globally recognized symbol of excellence in commercial real estate.
Over the course of his career, Samuel has built a strong track record of success representing clients in a wide range of commercial real estate transactions, including office, retail, industrial, and multifamily properties. He has a deep understanding of the local market and is known for his ability to identify opportunities that others may overlook.
Samuel is passionate about helping his clients achieve their goals and takes a hands-on approach to every transaction. He believes that communication is key, and works closely with his clients throughout the entire process to ensure that their needs are met and their expectations are exceeded.
In addition to his work as a commercial real estate broker, Samuel is actively involved in the Tyler community. He serves on the board of several local organizations, including the Tyler Economic Development Council, Champion’s for Children, Hospice of East Texas, Heart of Tyler, and many others.
Whether you are a buyer, seller, or landlord, Samuel Scarborough, CCIM, has the expertise and knowledge to help you achieve your commercial real estate goals. Contact Scarborough Commercial Real Estate today to learn more about how we can help you succeed.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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High-Impact Dev Site with Highway Frontage | S Commerce
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