2320 E Erwin St, Tyler, TX
11,200 SF industrial property in Tyler, Texas.
- Added:
- Apr 25, 2025
- Days on Market:
- 425
- Last Refresh:
- May 19 at 9:29 pm
Property Features for 2320 E Erwin St
General Information
- Standard status
- Active
- Size
- 11,200 SF
- Lot size
- 1.50 Acres
- Property subtype
- INDUSTRIAL
Listing agent Mark Whatley License #423898 (903) 530-0955
Listing office Burns Commercial Properties (903) 530-0955
Listing date Apr 25, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Burns Commercial Properties
HighLights
- 11,200 SF industrial property
- Located in Tyler, Texas
Overview
Local Financial Insights For Industrial
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 | $73.9k | $6.60 |
| − Vacancy | −$5.5k | −$0.49 |
| EGI | $68.4k | $6.11 |
| − OpEx | −$20.5k | −$1.83 |
| NOI | $47.9k | $4.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.2721
- Latitude
- 32.3521
