Two-Story Office & Wellness
19359 Hwy 69 S Tyler, TX 75703
19359 Hwy 69 S, Tyler, TX, 75703
$828,000
For Sale
$828,000
SINGLE_FAMILY - Tyler, TX
Property Size4,601 SF
Lot Size1.54 Acres
Price / SF$179.96
Days on Market33
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
- Central Air, Electric
Building Details
- Year built
- 1998
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Wood, Carpet
- Building materials
- Brick
- Roof type
- Composition, Shingle
Listing Agency
Drake Real Estate
(903) 581-3737
Tyler, TX
Listed by
Matthew Marshall · License #0544812
(903) 581-3737
Added: Jun 16 Checked: Jul 18 at 7:06 am
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.
Investment Insights
Based on property information with market context.
This versatile 4,601 SF property features a two-story connected salon space, including a private salon with a separate entry and multiple office or treatment room options. An inviting covered breezeway patio provides an outdoor setting suitable for events, and the property includes generous paved parking with room to expand, all on 1.54 unrestricted acres.
The property is located on a high-traffic state highway in South Tyler, positioned between Tyler, Flint, Bullard, and Whitehouse. TxDOT (’23) reports 29,785 VPD, supporting strong visibility and convenient access to the surrounding East Texas market. Major retail in the South Tyler area is about 10 minutes away, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park.
With its combination of connected salon space, private entry, flexible room layout, and event-ready patio, the property can work for office, wellness, hospitality, or education uses.
The property is located on a high-traffic state highway in South Tyler, positioned between Tyler, Flint, Bullard, and Whitehouse. TxDOT (’23) reports 29,785 VPD, supporting strong visibility and convenient access to the surrounding East Texas market. Major retail in the South Tyler area is about 10 minutes away, including Bass Pro Shops, Academy Sports, and The Village at Cumberland Park.
With its combination of connected salon space, private entry, flexible room layout, and event-ready patio, the property can work for office, wellness, hospitality, or education uses.
Key Highlights
- 4,601 SF two‑story connected salon space on 1.54 unrestricted acres
- 29,785 VPD on the nearby high‑traffic state highway (TxDOT 2023)
- Private salon with separate entry
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
NOI $55,567 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Two-story connected salon space offers a private separate entry and covered breezeway patio on unrestricted acreage.
Where is this office building 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 connected salon space on 1.54 unrestricted acres; 29,785 VPD on the nearby high‑traffic state highway (TxDOT 2023); Private salon with separate entry
