Flex Facility with Covered
New
For Sale
$995,000
13917 State Highway 155 S, Tyler, TX 75703
Three pull-through bays complement office, warehouse and covered storage areas.
Property Size7,800 SF
Lot Size8.00 Acres
Price / SF$127.56
Days on Market2
Property Features for 13917 State Highway 155 S
General Information
Standard status
Active
Size
7,800 SF
Lot size
8.00 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
3,600 SF
Office Build-Out
1,200 SF
Drive-In Doors
6
Additional Details
Outdoor Storage
Yes
Property Use
Industrial
Listing Agency:
Drake Real Estate & Investments
Listed By:
Hagan Baker · License #75703
(903) 405-1954
Source:
Draketexas
Added: Nov 4
Last Checked: Nov 4 at 2:54PM
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
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Investment Insights
Based on property information with market context.
This flex property includes 1,200 square feet of office space, a 3,600-square-foot warehouse and 3,000 square feet of covered storage, which can be enclosed. Three pull-through bays are served by six 12-by-14-foot overhead doors. The wash bay has a 16-foot eave height, while the building reaches 18 feet at the center. A 250-gallon propane tank is also on site.
At 13917 State Highway 155 S in Tyler, the property is outside city limits and has no zoning restrictions. A 6- to 12-month leaseback is available.
At 13917 State Highway 155 S in Tyler, the property is outside city limits and has no zoning restrictions. A 6- to 12-month leaseback is available.
Key Highlights
- 7,800‑square‑foot flex property with 1,200 SF of office, 3,600 SF of warehouse and 3,000 SF of covered storage
- Three pull‑through bays and six 12'x14' overhead doors
- Wash bay with 16' eave height; 18' center height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,520
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,400
$810.4K
Cap Rate 7%
$578,857
$578.9K
Cap Rate 9%
$450,222
$450.2K
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$51.5K $6.60/SF
− Vacancy
−$3.8K −$0.49/SF
EGI
$47.7K $6.11/SF
− OpEx
−$7.2K −$0.92/SF
NOI
$40.5K $5.19/SF
Area
Tyler, TX
Vacancy
7.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,400
Cap Rate 7%
$578,857
Cap Rate 9%
$450,222
Alternative Uses
Best Use
Warehouse
$578.9K
$506.5K – $675.3K
NOI $40,520 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$476.7K
$417.1K – $556.2K
NOI $33,369 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,865 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
18 ft
Clear height
6
Drive-in doors
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Azalea Catering Company — 13904 Taylor Rd, Tyler, TX 75703
Frequently Asked Questions
What type of property is this?
Flex space - Three pull-through bays complement office, warehouse and covered storage areas.
Where is this flex space located?
The property is located at 13917 State Highway 155 S Tyler, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7,800‑square‑foot flex property with 1,200 SF of office, 3,600 SF of warehouse and 3,000 SF of covered storage; Three pull‑through bays and six 12'x14' overhead doors; Wash bay with 16' eave height; 18' center height
