Tyler Office Building For
200 E Amherst Tyler, TX 75701
200 E Amherst, Tyler, TX, 75701
$750,000
For Sale
$750,000
5220 sqft office building with twelve offices and parking.
Property Size5,220 SF
Lot Size0.41 Acres
Price / SF$143.68
Days on Market92
Property Features for 200 E Amherst
General Information
- Standard status
- Active
- Size
- 5,220 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
One Rock
(903) 594-4848
Listed by
Christopher Wiesinger · License #0624514
(214) 683-0567
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:18PM Checked: Jul 20 at 4:40AM
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 One Rock
Investment Insights
Based on property information with market context.
This commercial property is located just off the corner of Amherst and Broadway in Tyler. The office building offers approximately 5220 square feet of space, including a reception area, twelve offices, a breakroom, a file room, and a conference room. The property sits on approximately 0.414 acres and includes approximately 21 parking spaces, offering numerous possibilities.
Key Highlights
- Prime commercial location near the corner of Amherst and Broadway in Tyler.
- Substantial office building with approximately 5220 sqft of space.
- Features 12 offices, reception area, breakroom, file room, and conference room.
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 | $88.9k | $17.04 |
| − Vacancy | −$4.9k | −$0.94 |
| EGI | $84.1k | $16.10 |
| − OpEx | −$21.0k | −$4.03 |
| NOI | $63.0k | $12.08 |
5,220 SF · lease $17.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.6K
$788.0K – $1.05M
NOI $63,042 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,556 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - 5220 sqft office building with twelve offices and parking.
Where is this office building located?
The property is located at 200 E Amherst Tyler, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime commercial location near the corner of Amherst and Broadway in Tyler.; Substantial office building with approximately 5220 sqft of space.; Features 12 offices, reception area, breakroom, file room, and conference room.
