3810 STATE HIGHWAY 64 W Tyler, TX 75704
SINGLE_FAMILY - Tyler, TX
- Added:
- Oct 21, 2025
- Days on Market:
- 264
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 3810 STATE HIGHWAY 64 W
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- R133160
- Lot size
- 1.11 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Stucco
- Roof type
- Flat
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate Tyler, TX (903) 581-3737
Listing date Oct 21, 2025
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
According to TxDOT (2024), traffic counts are 59,364 VPD, supporting visibility along State Highway 64 W. Current occupancy is 879 SF leased on a month-to-month basis, with 10,179 SF available.
The offering provides a partially leased retail configuration suitable for a purchaser seeking space that can be re-leased, while keeping the existing month-to-month tenancy in place.
Key Highlights
- 11,049 SF Walmart outparcel retail building on 1.11 acres (zoned C‑2)
- Year built 2008; stucco construction with a flat roof
- 51 off‑street parking spaces with a parking lot setting
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.6k | $17.52 |
| − Vacancy | −$9.7k | −$0.88 |
| EGI | $183.9k | $16.64 |
| − OpEx | −$55.2k | −$4.99 |
| NOI | $128.7k | $11.65 |
