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$272,000
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Property Description
This is a great corner parcel with over 442' of road frontage on HWY 31 and over 425' on Old Chandler Highway. With over 20,000 cars passing through this intersection daily it's prime for a new business. Well elevated, easy access, great visibility, only 1 mile form Toll Road 49 and 6 miles to Tyler and 11.5 miles to I-20. Outside of Tyler City Limits, but inside of Tyler ETJ. The lot size shown is already surveyed Lot 1: 1.224 ac is $2.78 psf, $148,000 Lot 2: 3.00 ac is $2.08 psf, $272,000 Lot 3: 4.076 ac is $2.11 psf, $375,000 Lot 4: 2.537 ac is $3.26 psf, $360,000 Lot 5: 2.122 ac is $3.25 psf, $300,000
Full Property Details
Full Property Details for 16393 W Hwy 31 Lot-2
General
- Price: $272,000
- Status: Active
- Type: Commercial Investment
- Source: Tyler_MLS
- MLS ID: 10132008
- Updated: 3/24/2026
- Added to Site: 1, 850 day(s) ago
Location
- County: Smith
- Driving Directions: Located at the corner of HWY 31 and FM 2661 From Tyler Loop 323, head West on HWY 31 for 6 miles, property is on your Left after the intersection light. From Chandler FM 315, head East on HWY 31 for 2.5 miles, property is on your Right at the intersection light.
Structural Information
- Exterior Const.: None
Lot Features
- Lot Size (Acres): 3
- Lot Dimensions: Irregular
- Frontage: County Maintained Road, State/US Highway
- Frontage Feet: 442'
- Topography: Sloped
- Potential Use: None
- Zoning: Commercial, Multi Family Dwelling, Retail
Listed by Staples Commercial Group, LLC, Ray Verhey
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Schools
Schools serving 16393 W Hwy 31 Lot-2
School District:Tyler Independent School District
| Name | Grades | Distance |
|---|---|---|
Owens Elementary School 11780 C R 168, Tyler, TX 75703 | PK-5 | 7.4 mi |
Three Lakes Middle School 2445 Three Lakes Parkway, Tyler, TX 75703 | 6-8 | 6.6 mi |
Tyler Legacy High School 4500 Red Raider Drive, Tyler, TX 75703 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16393 W Hwy 31 Lot-2
Date
Details
Price
Change
Source
3/08/2021
Listed
$272,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16393 W Hwy 31 Lot-2
16393 W Hwy 31 Lot-2, Tyler, TX 75709 (MLS# 10132008) is a Commercial Investment property. 16393 W Hwy 31 Lot-2 is currently listed for $272,000 and was received on March 08, 2021. Want to learn more about 16393 W Hwy 31 Lot-2? Do you have questions about finding other Commercial Investment real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.

