Building Details

Building materials Brick

Buildings 1

Listing Agency: Keller Williams Realty-Tyler k***@kw.com Show Phone

Listed By: Terosa Jones Show Phone

Added: Apr 27 Changed: Oct 26 Last Checked: Oct 28 at 1:06PM

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MLS# 26005978

Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use property includes a brick building of approximately 7,500 square feet on approximately 1 acre. Water and electric are on site, with public sewer available. The property has driveway access and frontage along US Highway 175.

The building is described as suitable for retail, office, warehouse, showroom, service business, or mixed-use operations. Its existing access and utility connections support a range of commercial configurations.

Key Highlights

• Approximately 7,500‑square‑foot building on approximately 1 acre
• Frontage on US Highway 175
• Brick construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,750

Cap Rate

5.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$495,000 $495.0K

Cap Rate 7%

$353,571 $353.6K

Cap Rate 9%

$275,000 $275.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,500 SF

Gross rent

$45.0K $6.00/SF

− Vacancy

−$5.4K −$0.72/SF

EGI

$39.6K $5.28/SF

− OpEx

−$14.9K −$1.98/SF

NOI

$24.8K $3.30/SF

Area

Henderson County, TX

Vacancy

12.00%

Lease Rate

$6.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$495,000

Cap Rate 7%

$353,571

Cap Rate 9%

$275,000

Alternative Uses

Best Use

Retail

$1.47M

$1.29M – $1.71M (±1% cap)

NOI $102,895 @ 7.0% cap · market cap 22.92%

Second Best

Warehouse

$667.3K

$583.9K – $778.6K (±1% cap)

NOI $46,714 @ 7.0% cap · market cap 10.40%

Theoretical Best

Office A

$2.64M

$2.31M – $3.08M (±1% cap)

NOI $184,680 @ 7.0% cap · market cap 41.13%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 75770, TX

2,893

Population

1,360

Households

2.1

Avg Household Size

48

Median Age

28%

College-Educated

95%

High-School Grad

118.3 sq mi

ZIP Area

24

Density / Sq Mi

$96,908

Median Household Income

$51,109

Median Earnings

$877

Median Rent

$248,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - A brick building with water and electric on site, plus public sewer service, offers flexible commercial space.

Where is this mixed-use property located?

The property is located at 1683 E US Hwy 175 Larue, TX.

What is the asking price?

The asking price for this property is $449,000.

What are key features of this property?

This property features: Approximately 7,500‑square‑foot building on approximately 1 acre; Frontage on US Highway 175; Brick construction