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2043 Shiloh Road
Tyler, TX 75703

$1,695,000 USD

Land For Sale • 14.64 AC

Property Details

Property Type Land
Lot Size 14.64 AC
Zoning PMF - Planned Multifamily

0 Transit Score

24 Walk Score

Description

Prime 13.97-Acre Development Opportunity in Southeast Tyler, TX

Attention investors and developers! This 13.97-acre parcel, located in the heart of southeast Tyler, presents an exceptional opportunity for multifamily development. Positioned between an established apartment complex and a thriving townhouse community, this property is situated within a Planned Multifamily Residential District, making it ideal for further residential development.

The property comes with an approved site plan, streamlining the development process, allowing you to hit the ground running. Additionally, the seller has provided a recent Phase I Environmental Site Assessment, completed on October 21, 2022, ensuring peace of mind regarding environmental conditions.

With its prime location, easy access, and surrounding residential developments, this parcel is poised for a successful future. Don't miss out on this rare opportunity to enhance the growing southeast Tyler area.

Contact us today for more details!

                
                    Highlights
                
                                The 13.97-acre Site is well positioned less than a mile west of Troup Highway and approximately 1.5 miles east of Broadway Avenue.
                            
                                The Site benefits from its frontage along Shiloh Road, existing utility connections, and low millage rate of 1.744450
                            
                                The Site is situated within the City of Tyler and is zoned as a Planned Multifamily Residential District per Ownership and has an approved Site Plan
                            
                                Per the Site Plan, the maximum number of units on the Site will be 223 and be at a density of 15.23 units per acre.
                            
                                According to the U.S. Census Bureau, Tyler has an estimated population of 107,192, an increase from approximately 105,000 in 2020.
                            
                                UT Tyler recently broke ground on a $308MM Medical School just 3 miles north of the Site, which is expected to bring around 15,000 jobs to the MSA.

Property Flyers

2043 Shiloh - Concept Plan - 2023

Public Transportation

Airport	Drive	Walk	Distance
Tyler Pounds Regional	22 min	-	12.9 mi

Steve Demuth 903-876-5253 Staples Commercial Group, LLC

2043 Shiloh Road Tyler, TX 75703