25.69 Acres on Loop 323 | Development Opportunity with Lease Income

This 25.69-acre development tract offers approximately 1,500 feet of Loop 323 frontage and 840 feet on CR 376. An existing broadcasting lease provides $12,000 in annual contract rent through August 2028.Income-producing acreage with big frontage on N Northeast Loop 323. This 25.69-acre tract offers approximately 1,500 feet on Loop 323 and another 840 feet on CR 376, giving a developer room to shape a commercial, flex, storage, residential, or mixed-use concept. An existing lease with Salt of the Earth Broadcasting, Inc. covers a four-acre portion of the property. The amended lease calls for $1,000 per month in rent, equal to $12,000 annually, and states a term through August 31, 2028. That contract income adds value while a buyer plans the next use of the larger tract. Located outside Tyler city limits with no zoning, the property offers flexibility to pursue a range of development ideas. A sewer line is located across Loop 323, and a utility map is available for review.