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TBD CR 383
About This Property
Flexible Purchase Options: Available in its entirety as a 10± acre tract or can be subdivided into two ±5-acre parcels. Conveniently centered to serve local and regional distribution across Tyler, Longview, DFW, and Shreveport markets.
Key Highlights:
Location: County Road 383 with direct access to Hwy 271
Acreage: 5± Total AC (Divisible into two ±5-acre lots)
Zoning & Use: Ideal for Industrial, Logistics, Flex, Storage, or Commercial Development
Proximity: Immediate access to I-20; near Amazon & Old Dominion
Regional Reach: Strategic position servicing Tyler, Longview, DFW, & Shreveport
Listed By
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Drake Real Estate | $350,000 | |
| Listed by Drake Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017