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Penny Menke
Staples Sotheby's International Realty
Staples Sotheby's International Realty
United StatesTexasTyler15844 Hwy 31 W

15844 Hwy 31 W 15844 Hwy 31 W Tyler, Texas 75709 United States

$1,950,000
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Owner financing is available for this versatile 7.34-acre property at 15844 State Hwy 31 W, offering a blend of commercial, residential, and agricultural features ideal for a variety of uses, and conveniently located less than a mile west of Loop...
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Scarborough Commercial Real Estate

Penny Menke
Penny Menke
  • Sales Associate, REALTOR®
7500 State Hwy 155
Frankston, Texas 75763 United States
Listing Courtesy of Scarborough Commercial Real Estate
$1,950,000
7.34 Acres
Exterior
Commercial
Property type
24008144
Web Id
24008144
MLS ID
Tyler Independent
School District
10
days ago

About 15844 Hwy 31 W

Owner financing is available for this versatile 7.34-acre property at 15844 State Hwy 31 W, offering a blend of commercial, residential, and agricultural features ideal for a variety of uses, and conveniently located less than a mile west of Loop 49. This unique property includes a successful 8,250 sq ft shop with a pit for servicing large trucks, currently leased until 2027 and generating $3,000 monthly. Additionally, 33 truck parking spaces on 3 acres bring in $100 per month each. The durable parking lot, built in 2013 with crushed concrete, ensures longevity. A standout feature is the 2-acre parcel on the west side of the property, complete with its own curb cut on Hwy 31 W, offering additional development potential or ease of access for separate uses. Residential highlights include a 2,078 sq ft energy-efficient doublewide home with modern amenities, a back porch with a hot tub and granite table, and a Generac 22-watt generator for power security. The 2,945 sq ft brick house, renovated in 2013 for office use and converted back to a residence in 2017, features Cat 6 cabling, a fiber optic internet connection, a saltwater pool with heating system. Agricultural elements include a newly finished greenhouse equipped with water, electricity, and climate control features, and a variety of fruit trees and plants. Additional structures comprise an old garage repurposed for storage, a converted semi-trailer, a two-car carport, and a fenced 2-acre shared backyard. This propertys diverse attributes provide multiple revenue streams and a comfortable living environment, making it a prime investment opportunity.

Listing Courtesy of Scarborough Commercial Real Estate

PROPERTY INFORMATION

Waterfront
No
Listing Courtesy of Scarborough Commercial Real Estate

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

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Scarborough Commercial Real Estate

Penny Menke
Penny Menke
  • Sales Associate, REALTOR®
7500 State Hwy 155
Frankston, Texas 75763 United States
Listing Courtesy of Scarborough Commercial Real Estate
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