Cleared Land with Metal
For Sale
Contact for pricing
12549 State Hwy 64, Tyler, TX 75707
3.618 acres with five metal buildings and utilities.
Property Size9,020 SF
Lot Size3.62 Acres
Price / SF$65.96
Days on Market131
Property Features for 12549 State Hwy 64
General Information
Standard status
Active
Size
9,020 SF
Lot size
3.62 Acres
Property subtype
Office, Industrial, Land
Listing Agency:
Burns Commercial Properties
(903) 534-1200
Listed By:
Mark Whatley · License #TX 423898
Source:
Crexi
Added: Mar 27
Changed: Jul 6
Last Checked: Aug 2 at 10:48AM
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
Investment Insights
Based on property information with market context.
This commercial real estate offering features 3.618 acres of fully cleared and level land. The property includes five metal buildings with ceiling heights ranging from under 10 feet to 25 feet. Public water and a conventional septic system are in place, with individual electric meters for each building. The site benefits from frontage on both State Highway 64 and Greenbriar Road, providing multiple access points. Zoned for commercial use, the property offers off-street parking. The buildings are constructed with metal siding. The topography is level, characterized by sandy loam soil. The total size of the buildings is 9,020 square feet.
Key Highlights
- 3.618 acres, fully cleared and level
- Frontage on both State Highway 64 and Greenbriar Road
- Benefit from commercial zoning
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 | $59.5k | $6.60 |
| − Vacancy | −$4.4k | −$0.49 |
| EGI | $55.1k | $6.11 |
| − OpEx | −$16.5k | −$1.83 |
| NOI | $38.6k | $4.28 |
9,020 SF · lease $6.60/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.36M – $1.82M
NOI $108,935 @ 7.0% cap · market cap 18.31%
Second Best
Mixed Use
$1.36M
$1.19M – $1.59M
NOI $95,387 @ 7.0% cap · market cap 16.03%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,926 @ 7.0% cap · market cap 23.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Explore this area
Business Placement
Demographics for 75707, TX
16,620
Population
6,858
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
92%
High-School Grad
52.4 sq mi
ZIP Area
317
Density / Sq Mi
$85,406
Median Household Income
$44,425
Median Earnings
$1,415
Median Rent
$256,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Tyler
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 3.618 acres with five metal buildings and utilities.
Where is this mixed-use property located?
The property is located at 12549 State Hwy 64 Tyler, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3.618 acres, fully cleared and level; Frontage on both State Highway 64 and Greenbriar Road; Benefit from commercial zoning
