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Land For Sale • 32.4 AC
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 32.4+/- acre, 120-unit duplex development site (the “Site”) located along Garden Valley Road in Tyler, Texas. The Site is currently zoned R-1D and PUR which allows up to 120 units on the 120 platted duplex lots; a Developer can do “for sale” or “for rent” product. It is our understanding the 9.34+/- acres on the southside of Garden Valley Road that is zoned R-ID can also be developed as single family detached homes or modular homes. Ownership’s existing third-party reports and construction plans to be conveyed at Closing. The Site is located less than a mile east of Loop 323. At a price of $11,667 per Developable Unit ($0.99 PSF), this is an excellent value for entitled lots in a rapidly growing market in East Texas. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail.
| The Site is located adjacent to the prestigious Willow Brook Country Club and has frontage on Garden Valley Road less than a mile east of Loop 323. |
| Ownership will also be conveying all third-party reports and existing construction plans at Closing. |
| The Site is well located within Tyler ISD only half mile west of Ramey Elementary, half mile east of Boulter Middle, and mile northeast of Tyler High. |
| The portion of the Site located on the north side of Garden Valley Road is zoned PUR. The Site on the south side of Garden Valley Road is zoned R-1D. |
| The Site is platted for 120 duplex lots for up to 120 developable duplex units. |
| The Site is currently located within an Opportunity Zone. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tyler Pounds Regional | 15 min | - | 7.2 mi |
Jordan Cortez
Vanguard Real Estate Advisors
Jordan Cortez
Vanguard Real Estate Advisors
