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    South Tyler Versatile Commercial Property Title is generated by Realmo AI

    19359 Hwy 69 S, Tyler, TX 75703

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    Claim this Listing
    For Sale
    $828,000

    4,601 SF property suitable for retail, office, or wellness.

    Type:Commercial
    Property size:
    4,601 SF
    Lot size:
    1.54 Acres
    Price / SF:
    $179/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 5:38 pm

    Property Features for 19359 Hwy 69 S

    General Information

    Standard status
    Active
    Size
    4,601 SF
    Lot size
    1.54 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1998

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    Listing Contact
    Matthew Marshall

    Listing agent Matthew Marshall

    Listing office Drake Real Estate

    Listing date Apr 22, 2026

    Source Signaturere

    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

    HighLights

    • High‑traffic location on a state highway in a rapidly growing corridor with 29,785 VPD (TxDOT '23) offering excellent visibility.
    • Versatile 4,601 SF property suitable for retail, office, wellness, hospitality, or education use.
    • Located on 1.54 unrestricted acres, providing flexibility and potential for expansion.
    • Close proximity (10 minutes) to South Tyler's major retail corridor, including Bass Pro Shops and Academy Sports.
    • Generous paved parking areas with room to expand.
    • Features a private salon with a separate entry and a covered breezeway patio ideal for events.

    Overview

    This 4,601 SF property is located in South Tyler on 1.54 unrestricted acres. The property features a two-story connected salon space and is suited for office, wellness, hospitality, or education use. It is strategically located on a high-traffic state highway between Tyler, Flint, Bullard, and Whitehouse, and is 10 minutes from South Tyler's major retail corridor, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park. The location is in a high-growth corridor with excellent visibility and has a traffic count of 29,785 VPD (TxDOT '23). The property includes a private salon with a separate entry, a covered breezeway patio ideal for events, and multiple office or treatment room options. Generous paved parking areas are available with room to expand.

    Local 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 (±1% cap)
    NOI $55,567 @ 7.0% cap · market cap 6.71%
    Second Best
    Retail
    $765.8K
    $670.1K – $893.4K (±1% cap)
    NOI $53,605 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Office A
    $1.03M
    $898.6K – $1.20M (±1% cap)
    NOI $71,885 @ 7.0% cap · market cap 8.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.319604
    Latitude
    32.19825

    FAQs

    What type of property is this?
    Retail space - 4,601 SF property suitable for retail, office, or wellness.
    Where is this retail space 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: High‑traffic location on a state highway in a rapidly growing corridor with 29,785 VPD (TxDOT '23) offering excellent visibility.; Versatile 4,601 SF property suitable for retail, office, wellness, hospitality, or education use.; Located on 1.54 unrestricted acres, providing flexibility and potential for expansion.
    More about this property
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