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    1112 N Palace Ave Tyler, TX 75702

    For Sale
    $512,325

    Business - Tyler, TX

    Type:Business
    Lot size:
    0.43 Acres
    Days on Market:
    588
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1112 N Palace Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    150000037500035000
    Parking features
    Carport, Covered, On Street, Open
    Lot size
    0.43 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Brick, Concrete
    Roof type
    Flat
    Architectural style
    Other

    Hopkins Realty & Associates (972) 298-5057 [email protected]

    Listing agent Shelia Lucas (972) 291-5475 License #0556004

    Listing date Apr 27, 2024

    MLS# 20579166 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Tyler Business Opportunity

    This property features a first-floor sanctuary and multiple rooms suitable for private viewings. It includes two kitchens and six bathrooms. Upstairs, there are several rooms designed as sleeping quarters, along with a dining area and a living room. A private sleeping quarter with a kitchenette is located downstairs. The building, distinguished by its white exterior with green trim, is situated on a corner lot and offers ample parking. The lot size is 0.43 acres. Located in Tyler, Texas, this property is intended for business use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harmon Undertaking Co Funeral Home

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.310548
    Latitude
    32.361283

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    FAQs

    What type of property is this?
    Church & religious facility - Versatile property with sanctuary, kitchens, sleeping quarters, and ample parking.
    Where is this church & religious facility located?
    The property is located at 1112 N Palace Ave Tyler, TX.
    What is the asking price?
    The asking price for this property is $512,325.
    What are key features of this property?
    This property features: - Multiple rooms suitable for private viewings or sleeping quarters.; - Two kitchens and six bathrooms.; - Separate living and dining areas upstairs.
    (972) 291-5475
    Request Owner's contact information
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    Tyler, TX 75702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1112 N Palace Ave Tyler, TX 75702
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