Office/Warehouse on East Front
For Sale
$435,000
2100 E Front Street, Tyler, TX 75702
7,500 sq ft office/warehouse near Loop 323 in Tyler.
Property Size7,500 SF
Price / SF$58
Days on Market216
Property Features for 2100 E Front Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Mixed Use
Zoning
Commercial
Building Details
Building Size
7,500 SF
Year Built
1965
Listed By:
Jack Lenhart Commercial · License #441875
(903) 918-2707
Source:
Cbcworldwide
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:06AM
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 Jack Lenhart Commercial
Investment Insights
Based on property information with market context.
This 7,500 square foot office/warehouse is located on East Front Street in Tyler, Texas, near Loop 323. The front building provides 6,000 square feet and includes a reception area, three private offices, a kitchen, and two bathrooms. The heated warehouse space features ample clear height and an overhead door at the back. The back building, approximately 1,500 square feet, offers excess storage and five overhead doors. East Front Street is a major thoroughfare through Tyler.
Key Highlights
- 7,500 sq. ft. office/warehouse space suitable for various business needs.
- Prime location on East Front Street, a major thoroughfare in Tyler.
- Easy access to Loop 323.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,961
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,220
$779.2K
Cap Rate 7%
$556,586
$556.6K
Cap Rate 9%
$432,900
$432.9K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$49.5K $6.60/SF
− Vacancy
−$3.7K −$0.49/SF
EGI
$45.8K $6.11/SF
− OpEx
−$6.9K −$0.92/SF
NOI
$39.0K $5.19/SF
Area
Tyler, TX
Vacancy
7.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,220
Cap Rate 7%
$556,586
Cap Rate 9%
$432,900
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,578 @ 7.0% cap · market cap 20.82%
Second Best
Mixed Use
$1.13M
$991.4K – $1.32M
NOI $79,313 @ 7.0% cap · market cap 18.23%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,178 @ 7.0% cap · market cap 26.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 75702, TX
26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 7,500 sq ft office/warehouse near Loop 323 in Tyler.
Where is this mixed-use property located?
The property is located at 2100 E Front Street Tyler, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 7,500 sq. ft. office/warehouse space suitable for various business needs.; Prime location on East Front Street, a major thoroughfare in Tyler.; Easy access to Loop 323.
