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Professional Office Building with Parking

1528 N Northwest Loop 323 Tyler, TX 75702

1528 N Northwest Loop 323, Tyler, TX, 75702
$1,200,000
For Sale
Claim this Listing
$1,200,000

A flexible professional office building with ample on-site parking and high-visibility frontage on Loop 323 in Tyler.

Property Size5,000 SF
Price / SF$240
AddedJun 1
Days on Market45
Last RefreshJul 14 at 6:44 am

Property Features for 1528 N Northwest Loop 323

General Information

Standard status
Active
Size
5,000 SF

Listing office Lawrence Realty

Listing date Jun 1, 2026

Source Exprealty

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 Lawrence Realty


Investment Insights

Based on property information with market context.

This professional office building offers approximately 5,000 square feet of workspace designed for flexible use. The interior includes expansive open areas that can be customized to fit a tenant’s operational needs, with room for a variety of office-oriented layouts. The property also provides ample on-site parking for employees and clients and includes high-speed internet capability.

Located on a high-traffic corridor, the building benefits from excellent frontage and exposure along Loop 323 in Tyler, Texas. This position supports convenient access to major areas of the city and provides a prominent opportunity for signage to support brand visibility to passing traffic.

The building is well suited for owner-occupants or tenants seeking a centrally accessible office environment, including professional services and medical office use. Its adaptable floor plan and ready-to-customize open areas make it practical for corporate headquarters, legal and financial services, professional consulting, and creative workspace concepts, subject to applicable approvals and use requirements.

Key Highlights

  • 5,000‑SF professional office building on high‑traffic Loop 323 in Tyler, TX
  • Flexible floor plan suitable for multiple professional uses, including corporate headquarters, medical, legal, financial, and consulting offices
  • Expansive open areas designed for customization to fit your operational layout needs

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 $105.0k $21.00
− Vacancy −$4.2k −$0.84
EGI $100.8k $20.16
− OpEx −$40.3k −$8.06
NOI $60.5k $12.10
5,000 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$864.0K
$756.0K – $1.01M (±1% cap)
NOI $60,480 @ 7.0% cap · market cap 5.04%
Second Best
Office B
$862.7K
$754.8K – $1.01M (±1% cap)
NOI $60,386 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.12M
$976.5K – $1.30M (±1% cap)
NOI $78,119 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Law Firm Big Box & Wholesale Store Dental Office Spa & Massage Center Hair Salon Electrical Service Restaurant Auto Repair Shop Food Market Grocery & Convenience Store

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

FAQs

What type of property is this?
Office building - A flexible professional office building with ample on-site parking and high-visibility frontage on Loop 323 in Tyler.
Where is this office building located?
The property is located at 1528 N Northwest Loop 323 Tyler, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,000‑SF professional office building on high‑traffic Loop 323 in Tyler, TX; Flexible floor plan suitable for multiple professional uses, including corporate headquarters, medical, legal, financial, and consulting offices; Expansive open areas designed for customization to fit your operational layout needs
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