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Freestanding Office-Retail Building

5647 KPE Way Tyler, TX 75703

Claim this Listing
For Sale
$783,000

SINGLE_FAMILY - Tyler, TX

Type:Office
Property size:
3,480 SF
Lot size:
1.89 Acres
Price / SF:
$225/SF
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
3,480 SF
Lot size
1.89 Acres

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
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

Listing office Drake Real Estate Tyler, TX

Listing date May 22, 2026

MLS# 21154294

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.

Freestanding office/retail building offered for sale with delivery planned for Summer 2026 in shell condition. Two buildings are available for purchase: Option 1 includes a full building, and Option 2 includes a half building (listed separately). Zoning is C-1.

The property is located at 5647 KPE Way in Tyler, TX 75703. Shared parking totals 99 spaces. TXDOT (’24) traffic counts list 34,726 VPD.

For buyers or tenants looking for a baseline shell delivery, this offering provides a straightforward path to build out within the C-1 zoning framework.

Key Highlights

  • Two freestanding office/retail buildings available for purchase; full building or half building option (half listed separately)
  • Delivery Summer 2026; property will be delivered in shell condition
  • Zoning: 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 $59.3k $17.04
− Vacancy −$3.3k −$0.94
EGI $56.0k $16.10
− OpEx −$14.0k −$4.03
NOI $42.0k $12.08
3,480 SF · lease $17.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$600.4K
$525.4K – $700.5K (±1% cap)
NOI $42,028 @ 7.0% cap · market cap 5.37%
Second Best
Retail
$579.2K
$506.8K – $675.8K (±1% cap)
NOI $40,545 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$776.7K
$679.6K – $906.2K (±1% cap)
NOI $54,371 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Two building options for sale, delivered in shell condition, zoned C-1 with shared parking and recorded TXDOT traffic counts.
Where is this office building located?
The property is located at 5647 KPE Way Tyler, TX.
What is the asking price?
The asking price for this property is $783,000.
What are key features of this property?
This property features: Two freestanding office/retail buildings available for purchase; full building or half building option (half listed separately); Delivery Summer 2026; property will be delivered in shell condition; Zoning: C‑1
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