5647 KPE Way Tyler, TX 75703
SINGLE_FAMILY - Tyler, TX
- Added:
- May 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 5647 KPE Way
General Information
- Property type
- Residential
- Property subtype
- Office
- Property condition
- Under Construction
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R218391
- Size
- 1,740 SF
- Lot size
- 1.89 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Roof type
- Flat
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate Tyler, TX (903) 581-3737
Listing date May 22, 2026
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.
Zoned C-1, the property provides shared parking totaling 99 spaces. Traffic counts are reported at 34,726 VPD per TxDOT (’24). The site is located at 5647 KPE Way in Tyler, TX 75703 (Smith County), with a lot size of 1.887 acres and an indicated property size of 1,740 square feet.
Key Highlights
- New construction freestanding office/retail development—2 buildings available: full building (sold separately) or half building
- Delivery planned for summer 2026; property will be delivered in shell condition
- Zoned C‑1
Local Financial Insights For Office B
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 | $29.6k | $17.04 |
| − Vacancy | −$1.6k | −$0.94 |
| EGI | $28.0k | $16.10 |
| − OpEx | −$7.0k | −$4.03 |
| NOI | $21.0k | $12.08 |
