SH 57 , Tyler, TX 75701(Smith County)

This is a 4.2 acre site that is located within very close proximity to the major commercial, mixed-use, and residential growth that is taking place in Smith County. Within two miles of this site, six different major developments (1200 acres) are taking place. It is anticipated that just these six developments alone will add more than 4,000 rooftops (10,000 people). Recent developments in the area include the new "FRESH" store, a 70,000 sf whole-foods concept by Brookshire's grocery company. The Mother Frances Health System recently purchased 60 acres of land for a new southern hospital complex, just .25 mi from the subject site. It is anticipated that the new complex will greatly impact the demand for even more multi-family residential and medical offices. The Tyler Independent School District has just recently purchased 30 acres near the FRESH store to construct a new middle school. They chose this location after studying demographic information and determining that the Old Jacksonville/West Grande corridors will absorb the majority of Tyler's growth over the next ten years.

This 4.2 acre tract is located just south of Tyler on the heavily-traveled Grande Blvd (CR 57), an east-west thoroughfare that lies between Tyler' s Loop 323 and the new Interstate Loop 49. Grande Blvd is a four-lane thoroughfare that has seen major development in the last couple of years. Traffic in the immediate area is expected to triple once the hospital complex is constructed.

The seller of this property is very motivated to sell and will seller-finance...the downpayment is only the closing costs if buyer will assume his note payment of $3500/month.