200 E Amherst St, Tyler, TX 75701
Commercial office building with multiple offices and parking spaces.
- Added:
- Sep 19, 2024
- Days on Market:
- 629
- Last Refresh:
- May 12 at 10:00 pm
Property Features for 200 E Amherst St
General Information
- Standard status
- Active
- Size
- 5,220 SF
- Lot size
- 0.41 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing agent Chris Wiesinger License #TX 9007381
Listing office One Rock
Listing date Sep 19, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of One Rock
HighLights
- Prime location just off the corner of Amherst and Broadway in Tyler.
- Spacious office building with approximately 5220 sqft of space.
- Includes 12 offices, reception area, breakroom, file room, and conference room.
- Approximately .414 acres of land.
- Approximately 21 parking spaces.
- Numerous possibilities for commercial use.
Overview
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 | $88.9k | $17.04 |
| − Vacancy | −$4.9k | −$0.94 |
| EGI | $84.1k | $16.10 |
| − OpEx | −$21.0k | −$4.03 |
| NOI | $63.0k | $12.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3025
- Latitude
- 32.3248
