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    713 W Loop SW, Unit 323 Tyler, TX

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    For Sale
    $2,900,000

    Prime location shopping center with diverse tenant mix and recent updates.

    Property size:
    15,327 SF
    Lot size:
    3.17 Acres

    Property Features for 713 W Loop SW

    General Information

    Size
    15,327 SF
    Lot size
    3.17 Acres

    Source: Scarborough Commercial Real Estate, LLC Agent Samuel Scarborough

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    River Oaks Shopping Center For Sale

    The River Oaks Shopping Center, situated on approximately 1.42 acres, features a diverse tenant mix. The property is located on Loop 323, surrounded by national retailers. The location benefits from high traffic volume, with almost 36,000 vehicles per day, and offers 280 feet of road frontage. The property contains 15,327 square feet. Extensive updates and improvements were completed in 2021, including state-of-the-art HVAC units and upgraded plumbing lines above and below the slab. A new roof was installed in 2024. The property is positioned for long-term tenancy due to its exposure and surrounding users.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Bergfeld Center, Wig Place

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2997959
    Latitude
    32.3243856

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    FAQs

    What type of property is this?
    Shopping center - Prime location shopping center with diverse tenant mix and recent updates.
    Where is this shopping center located?
    The property is located at 713 W Loop SW, Unit 323 Tyler, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime location on Loop 323 with high traffic count and 280 ft of road frontage.; - Recent extensive updates, including new roof (2024) and state-of-the-art HVAC units (2021).; - Surrounded by national retailers, ensuring consistent customer traffic.
    (903) 570-7366
    Request Owner's contact information
    713 W Loop SW, Unit 323 Tyler, TX
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    Tyler, TX
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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
    713 W Loop SW, Unit 323 Tyler, TX
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