Renovated Warehouse with
For Sale
Contact for pricing
15393 State Highway 64, Tyler, TX 75704
The facility combines warehouse capacity with renovated office improvements and available excess land and yard.
Property Size30,000 SF
Price / SF$0.00
Days on Market49
Property Features for 15393 State Highway 64
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Industrial
Warehouse & Industrial
Warehouse Space
26,800 SF
Office Build-Out
3,200 SF
Dock-High Doors
3
Building Details
Year Built
1960
Listing Agency:
Drake Real Estate
(903) 581-3737
Listed By:
Matthew Marshall · License #0544812
(903) 443-5894
Source:
Lonestarluxuryrealty
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 16 at 8:59AM
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
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Investment Insights
Based on property information with market context.
This warehouse property provides 14,000–26,800 square feet of available warehouse space alongside 3,200 square feet of office area. The office portion has been newly renovated, while loading infrastructure includes three dock-high positions and multiple grade-level overhead doors. The improvements date to 1960, with the property offering a substantial commercial configuration for warehouse and office operations.
An additional 1.0–6.0 acres of excess land and yard is available. The property is located at 15393 State Highway 64 W in Tyler, Texas, providing a highway-addressed setting for the warehouse facility and its supporting yard area.
An additional 1.0–6.0 acres of excess land and yard is available. The property is located at 15393 State Highway 64 W in Tyler, Texas, providing a highway-addressed setting for the warehouse facility and its supporting yard area.
Key Highlights
- 14,000 - 26,800 sf of warehouse space available
- 3,200sf of newly renovated office space
- 3 dock‑high loading positions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,176
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,520
$2.4M
Cap Rate 7%
$1,702,514
$1.7M
Cap Rate 9%
$1,324,178
$1.3M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$198.0K $6.60/SF
− Vacancy
−$14.7K −$0.49/SF
EGI
$183.3K $6.11/SF
− OpEx
−$64.2K −$2.14/SF
NOI
$119.2K $3.97/SF
Area
Tyler, TX
Vacancy
7.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,520
Cap Rate 7%
$1,702,514
Cap Rate 9%
$1,324,178
Alternative Uses
Best Use
Office B
$5.18M
$4.53M – $6.04M
NOI $362,313 @ 7.0% cap · market cap 4,025,700.00%
Second Best
Warehouse
$2.23M
$1.95M – $2.60M
NOI $155,846 @ 7.0% cap · market cap 1,731,622.22%
Theoretical Best
Office A
$6.70M
$5.86M – $7.81M
NOI $468,711 @ 7.0% cap · market cap 5,207,900.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Dock-high doors
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75704, TX
10,075
Population
4,325
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
77%
High-School Grad
66.8 sq mi
ZIP Area
151
Density / Sq Mi
$52,892
Median Household Income
$32,327
Median Earnings
$1,185
Median Rent
$136,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The facility combines warehouse capacity with renovated office improvements and available excess land and yard.
Where is this warehouse located?
The property is located at 15393 State Highway 64 Tyler, TX.
What are key features of this property?
This property features: 14,000 - 26,800 sf of warehouse space available; 3,200sf of newly renovated office space; 3 dock‑high loading positions
