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    Medical Office Suite Configuration Title is generated by Realmo AI

    1404 Rice Road, Tyler, TX 75703

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    Claim this Listing
    New
    For Sale
    $445,000

    SINGLE_FAMILY - Tyler, TX

    Type:Office
    Property size:
    2,880 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $154/SF
    Added:
    Jun 11, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 15 at 8:06 am

    Property Features for 1404 Rice Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    R144427
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2007
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Carpet, Laminate
    Building materials
    Stucco
    Roof type
    Composition

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    Listing Contact
    Christopher Wiesinger
    Christopher Wiesinger

    Listing agent Christopher Wiesinger License #9007381

    Listing office One Rock Tyler, TX

    Listing date Jun 11, 2026

    MLS# 20981017

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,880 SF office space for sale or lease, comprised of Suites 200 and 300
    • Suite layout includes 7 offices, reception area, waiting areas, conference room, and break room
    • 3 restrooms included, plus multiple configuration options to support different office needs
    • Built in 2007 with stucco construction, composition roof, and tile/carpet/laminate flooring
    • Utilities: public water and public sewer; HVAC includes central air and central electric heat
    • Covered for comfort with central and electric cooling systems noted in heating/cooling details

    Overview

    This property offers a versatile medical and professional office configuration, comprised of Suites 200 and 300 combined. The space is move-in ready and laid out to support client-facing use, including a reception area and waiting areas, along with seven offices for private work and meetings. Additional interior improvements include a break room, conference room, and three restrooms, providing practical convenience for staff and visitors.

    The suites are positioned in a high-visibility area with easy access to major roads. The surrounding area includes dining and other everyday amenities, supporting day-to-day client visits and employee routines.

    With its office-per-room layout, reception and waiting space, and multiple restrooms, the space is well suited for professional services that require both private offices and common areas. It also fits medical practices or consulting organizations looking for a move-in-ready arrangement that can accommodate day-to-day operations without extensive reconfiguration.

    Local Financial Insights For Healthcare Medical

    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 $60.5k $21.00
    − Vacancy −$2.4k −$0.84
    EGI $58.1k $20.16
    − OpEx −$23.2k −$8.06
    NOI $34.8k $12.10
    2,880 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $497.7K
    $435.5K – $580.6K (±1% cap)
    NOI $34,836 @ 7.0% cap · market cap 7.83%
    Second Best
    Office B
    $496.9K
    $434.8K – $579.7K (±1% cap)
    NOI $34,782 @ 7.0% cap · market cap 7.82%
    Theoretical Best
    Office A
    $642.8K
    $562.5K – $749.9K (±1% cap)
    NOI $44,996 @ 7.0% cap · market cap 10.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    William Hopson, DC Alternative Medicine Practice Massage by Lisa ... Alternative Medicine Practice Hopson Chiropractic - Tyler Alternative Medicine Practice Massage by Lisa ... Alternative Medicine Practice Kathryn Bell Foster Care Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3215076
    Latitude
    32.2911803

    FAQs

    What type of property is this?
    Office units - Move-in-ready office suites combine 7 offices with reception, conference space, waiting, and three restrooms.
    Where is this office units located?
    The property is located at 1404 Rice Road Tyler, TX.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: 2,880 SF office space for sale or lease, comprised of Suites 200 and 300; Suite layout includes 7 offices, reception area, waiting areas, conference room, and break room; 3 restrooms included, plus multiple configuration options to support different office needs
    More about this property
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