Mixed-Use Property With Salon
For Sale
$828,000
19359 Hwy 69 S, Tyler, TX 75703
COMMERCIAL - Tyler, TX
Property Size4,601 SF
Lot Size1.54 Acres
Price / SF$179.96
Days on Market402
Property Features for 19359 Hwy 69 S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Security features
Security Lighting
Lot features
Outside City Limits
Directions
From the intersection of Hwy 69 S (S Broadway Ave.) & Toll 49, head south on Hwy 69 S. In approximately 3.1 miles, property will be on the left.
Standard status
Active
Size
4,601 SF
Lot size
1.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ABST A0021 V TEJADA TRACT 48A
Tax Annual Amount
6549
Legal Description
ABST A0021 V TEJADA TRACT 48A
Utilities
Cooling system
Electric, Central Air
Amenities
private salon with separate entry
covered breezeway/patio
multiple office or treatment room options
generous paved parking areas with room to expand
Building Details
Year built
1998
Building materials
Brick, Shingle Siding
Listing Agency:
Drake Real Estate & Investments
(903) 581-3737
Listed By:
Brent Bradberry · License #0715170
(903) 571-8014
Added: Jul 1, 2025
Changed: Aug 4
Last Checked: Aug 6 at 1:06AM
MLS# 25009935
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.
Investment Insights
Based on property information with market context.
This 4,601-square-foot mixed-use property occupies 1.536 acres and was built in 1998. The building includes a connected two-story salon area with its own entrance, along with multiple rooms adaptable to office or treatment use. A covered breezeway and patio provide additional functional space, while paved off-street parking serves the property. Construction includes brick and shingle siding, with electric central air conditioning supporting the interior.
The property is located at 19359 Hwy 69 S in Tyler, with reported traffic of 29,785 vehicles per day based on TxDOT 2023 data. South Tyler’s major retail corridor, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park, is approximately 10 minutes away. Its position along the highway places the site between Tyler, Flint, Bullard, and Whitehouse.
The property is located at 19359 Hwy 69 S in Tyler, with reported traffic of 29,785 vehicles per day based on TxDOT 2023 data. South Tyler’s major retail corridor, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park, is approximately 10 minutes away. Its position along the highway places the site between Tyler, Flint, Bullard, and Whitehouse.
Key Highlights
- 4,601 SF mixed‑use building on 1.536 acres
- Two‑story connected salon area with a separate entrance
- Multiple office or treatment‑room configurations
Financial Insights For Office B
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 | $78.4k | $17.04 |
| − Vacancy | −$4.3k | −$0.94 |
| EGI | $74.1k | $16.10 |
| − OpEx | −$18.5k | −$4.03 |
| NOI | $55.6k | $12.08 |
4,601 SF · lease $17.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$793.8K
$694.6K – $926.1K
NOI $55,567 @ 7.0% cap · market cap 6.71%
Second Best
Retail
$765.8K
$670.1K – $893.4K
NOI $53,605 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.03M
$898.6K – $1.20M
NOI $71,885 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
29,785 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial building with office, treatment-room, and salon configurations on a sizable South Tyler highway parcel.
Where is this mixed-use property located?
The property is located at 19359 Hwy 69 S Tyler, TX.
What is the asking price?
The asking price for this property is $828,000.
What are key features of this property?
This property features: 4,601 SF mixed‑use building on 1.536 acres; Two‑story connected salon area with a separate entrance; Multiple office or treatment‑room configurations
