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 Market171
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
Listing Agency:
(903) 918-2707
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Property Profile
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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.
