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    Multi-Use Salon Office & Wellness Title is generated by Realmo AI

    19359 Hwy 69 S, Tyler, TX 75703

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    Claim this Listing
    For Sale
    $828,000

    SINGLE_FAMILY - Tyler, TX

    Type:Retail
    Property size:
    4,601 SF
    Lot size:
    1.54 Acres
    Price / SF:
    $179/SF
    Added:
    Jul 1, 2025
    Days on Market:
    338
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for 19359 Hwy 69 S

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Off Street, Driveway, Garage
    Security features
    Security
    Standard status
    Active
    APN
    R117466
    Lot size
    1.54 Acres

    Taxes and HOA fees

    Tax Description
    TRACT 48A

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1998
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Carpet, Wood
    Building materials
    Brick
    Roof type
    Composition, Shingle

    We can help!

    Listing Contact
    Matthew Marshall

    Listing agent Matthew Marshall License #0544812

    Listing office Drake Real Estate & Investment Tyler, TX

    Listing date Jul 1, 2025

    MLS# 20986754

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4,601 SF two‑story commercial property built in 1998, with brick construction and a composition/shingle roof
    • Located on 1.54 unrestricted acres with paved off‑street parking, driveway access, and a garage
    • Two‑story connected salon space includes a private salon with a separate entry
    • Covered breezeway patio, plus multiple office and/or treatment room options for retail, office, wellness, hospitality, or education use
    • Central air and electric central heating; cooling includes electric central air
    • High‑traffic state highway location with 29,785 VPD (TxDOT ’23) between Tyler, Flint, Bullard, and Whitehouse

    Overview

    This for-sale property offers a flexible layout built around a two-story, connected salon space designed to support multiple concepts. It includes a private salon area with a separate entry, along with multiple office or treatment room options for day-to-day operations. Outdoor space is a plus as well, with a covered breezeway patio that can accommodate events or additional guest flow. The site sits on 1.54 acres of unrestricted land and features generous paved parking, with room to expand as needs grow.

    Located in South Tyler on a high-traffic state highway, the property benefits from strong visibility positioned between Tyler, Flint, Bullard, and Whitehouse. The offering is about 10 minutes from South Tyler’s major retail corridor, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park. TxDOT reports 29,785 VPD along Hwy 69 S (2023), providing consistent drive-by exposure for a wide range of uses.

    With its salon foundation, treatment-ready rooms, and practical office configuration, the property is well suited for office, wellness, hospitality, or education applications. Its unrestricted acreage and expansive parking also give operators room to adapt the site for growth, while the separate entry supports privacy and an efficient customer experience.

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spa & wellness properties

    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
    -95.319042
    Latitude
    32.198102

    FAQs

    What type of property is this?
    Spa & wellness property - Versatile two-story salon setup with treatment and office rooms, ample paved parking, and covered patio on unrestricted acreage.
    Where is this spa & wellness 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 two‑story commercial property built in 1998, with brick construction and a composition/shingle roof; Located on 1.54 unrestricted acres with paved off‑street parking, driveway access, and a garage; Two‑story connected salon space includes a private salon with a separate entry
    More about this property
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