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Brick Office Building
For Sale
$750,000

200 E Amherst, Tyler, TX 75701

CommercialSale, Tyler, TX

Property Size5,220 SF
Lot Size0.41 Acres
Price / SF$143.68
Days on Market137

Property Features for 200 E Amherst

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Directions From the intersection of Broadway and Amherst, head east on Amherst for 400ft to the property on the left.
Standard status Active
APN R149766
Lot size 0.41 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric
Water source Public

Building Details

Year built 1974
Floors in Building 1
Number of units 1
Flooring type Carpet
Building materials Brick
Listing Agency: One Rock
Listed By: Christopher Wiesinger
Added: Jun 9 Changed: Oct 19 Last Checked: Oct 23 at 12:06PM
MLS# 20733757

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.

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Investment Insights

Based on property information with market context.

This approximately 5,220-square-foot office property was constructed in 1974 with brick exterior construction and a functional multi-room layout. The interior includes a reception area, 12 private offices, a conference room, breakroom, and file room, providing a mix of client-facing, administrative, and support spaces. Carpeted floors, central heating, and electric cooling are in place.

The property occupies approximately 0.414 acres near the Amherst and Broadway intersection in Tyler. On-site parking accommodates approximately 21 vehicles. Public water and public sewer serve the property, supporting its established office configuration.

Key Highlights

  • Approximately 5,220 square feet of office space
  • 12 offices plus reception, conference, break, and file rooms
  • Approximately 0.414 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,042
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,840 $1.3M
Cap Rate 7%
$900,600 $900.6K
Cap Rate 9%
$700,467 $700.5K
Market Conditions
NOI Build-Up for 5,220 SF
Gross rent
$88.9K $17.04/SF
− Vacancy
−$4.9K −$0.94/SF
EGI
$84.1K $16.10/SF
− OpEx
−$21.0K −$4.03/SF
NOI
$63.0K $12.08/SF
Area
Tyler, TX
Vacancy
5.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,840
Cap Rate 7%
$900,600
Cap Rate 9%
$700,467

Alternative Uses

Best Use
Office B
$900.6K
$788.0K – $1.05M (±1% cap)
NOI $63,042 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,556 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 75701, TX

34,502
Population
14,630
Households
2.4
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
14.1 sq mi
ZIP Area
2,447
Density / Sq Mi
$62,091
Median Household Income
$29,448
Median Earnings
$1,250
Median Rent
$190,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Configured for professional operations with dedicated workrooms, meeting space, and support areas.
Where is this office building located?
The property is located at 200 E Amherst Tyler, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 5,220 square feet of office space; 12 offices plus reception, conference, break, and file rooms; Approximately 0.414 acres
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