25.69 Acres on Loop 323 -25.69 Acres on Loop 323 | Development Opportunity with Lease Income

Investment Overview

Income-producing acreage with big frontage on N Northeast Loop 323. This 25.69-acre tract offers approximately 1,500 feet on Loop 323 and another 840 feet on CR 376, giving a developer room to shape a commercial, flex, storage, residential, or mixed-use concept. An existing lease with Salt of the Earth Broadcasting, Inc. covers a four-acre portion of the property. The amended lease calls for $1,000 per month in rent, equal to $12,000 annually, and states a term through August 31, 2028. That contract income adds value while a buyer plans the next use of the larger tract. Located outside Tyler city limits with no zoning, the property offers flexibility to pursue a range of development ideas. A sewer line is located across Loop 323, and a utility map is available for review.

Investment Highlights

• 25.69-acre development tract with approximately 1,500 feet of frontage on N Northeast Loop 323
• Approximately 840 feet of additional frontage on CR 376
• Existing lease with Salt of the Earth Broadcasting, Inc. on a four-acre portion of the property
• Contract rent of $1,000 per month, or $12,000 annually, with a stated term through August 31, 2028
• Located outside Tyler city limits with no zoning
• Sewer line located across Loop 323; utility map available
• A portion of the property is located within a designated floodplain.