129.7

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129.7

Chandler, TX 75758
Asking Price
$1.90M
Asset Type
Land
Class
Class B

What's Special

Situated at 129.7 Chandler, TX, this expansive land parcel is positioned within the growing East Texas corridor. The property offers direct access to Highway 31, providing a primary transportation link between Tyler and Athens. The surrounding neighborhood is characterized by a mix of established rural residential estates and emerging light commercial developments. Local amenities in nearby Chandler include essential retail centers, dining options, and public schools, all located within a five-minute drive. The location benefits from high visibility and proximity to the Lake Palestine region. This versatile site is well-suited for a variety of development opportunities, ranging from commercial retail pads to light industrial facilities or storage units. The flat topography and significant highway frontage make it an ideal choice for developers seeking high-traffic exposure or logistical businesses requiring easy freight access. Typical tenant profiles for this location include regional distribution centers, specialty equipment dealerships, or residential land developers aiming to capitalize on the area's steady population growth and increasing demand for suburban services.

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NOI
$80,000
Cap Rate
4.22%
DSCR
0.71
Underwater
Cash-on-Cash
-5.72%
Monthly Payment
$9,375.426
Annual Cash Flow
$-32,505.113

Location & Travel Times