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Flex Space with Warehouse
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13306-13306 State Highway 110 S, Tyler, TX 75707

Office/showroom areas and grade-level access support adaptable occupancy for investors or owner-occupants.

Property Size17,590 SF
Price / SF$79.53
Days on Market89

Property Features for 13306-13306 State Highway 110 S

General Information

Standard status Active
Size 17,590 SF
Property subtype INDUSTRIAL
Occupancy 86%

Additional Details

Drive-In Doors 8
Office Units 4

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Drake Real Estate & Investments
Listed By: Hagan Baker · License #75703
Source: Moodyscre
Added: May 6 Changed: Jul 31 Last Checked: Aug 1 at 10:19AM

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 Drake Real Estate & Investments

Investment Insights

Based on property information with market context.

This flex property combines office/showroom space with warehouse areas across two buildings totaling 17,590 square feet. The layout includes 8 grade-level doors, and suites can be leased individually or combined. Building 1 contains 9,009 square feet and is leased through 3/31/28. Building 2 totals 8,581 square feet and includes a 2,409-square-foot vacant suite, a 1,259-square-foot suite leased through 5/31/27, and a 4,913-square-foot suite leased through 7/31/28 with two five-year renewal options.

The property is located at 13306-13306 State Highway 110 S in Tyler, Texas, outside city limits with no zoning. Current occupancy is 86.3%, supporting both investor and owner-occupant considerations.

Key Highlights

  • 17,590‑square‑foot flex property across two buildings
  • 8 grade‑level doors serving office/showroom and warehouse areas
  • 86.3% occupancy

Financial Insights For Warehouse

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 $116.1k $6.60
− Vacancy −$8.6k −$0.49
EGI $107.5k $6.11
− OpEx −$16.1k −$0.92
NOI $91.4k $5.19
17,590 SF · lease $6.60/SF/yr · vacancy 7.40% · expense 15.00%

Alternative Uses

Best Use
Office B
$3.03M
$2.66M – $3.54M (±1% cap)
NOI $212,436 @ 7.0% cap · market cap 15.18%
Second Best
Retail
$2.93M
$2.56M – $3.42M (±1% cap)
NOI $204,938 @ 7.0% cap · market cap 14.65%
Theoretical Best
Office A
$3.93M
$3.44M – $4.58M (±1% cap)
NOI $274,821 @ 7.0% cap · market cap 19.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Drive-in doors
4
Office units
86.3%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office/showroom areas and grade-level access support adaptable occupancy for investors or owner-occupants.
Where is this flex space located?
The property is located at 13306-13306 State Highway 110 S Tyler, TX.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 17,590‑square‑foot flex property across two buildings; 8 grade‑level doors serving office/showroom and warehouse areas; 86.3% occupancy
(903) 405-1954 Call to check price and availability
More about this property
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