2043 Shiloh Road - Residential LAND FOR SALE
Tyler, TX 75703 | 637,718 SF
$1,695,000 USD
903-876-5253
2043 Shiloh Road
Tyler, TX 75703
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.
OVERVIEW
Investors....Developers.....this 13.97-acre property is in southeast Tyler, TX. The parcel is located between an existing apartment complex and an existing townhouse development in a Planned Multifamily Residential District. Seller has an approved site plan in place. Seller also has a Phase l - Environmental Site Assessment dated October 21, 2022.
FOR SALE DETAILS
PRICE
$1,695,000 USD
PRICE/ACRE
$115,779/AC
PRICE/SF
$3 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
13.97-Acre Entitled Multifamily Site
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Apartment Units
LAND ACRES
14.64 AC
LAND SF
637,718 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
PMF - Planned Multifamily
APN/PARCEL ID
-
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903-876-5253
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903-876-5253
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