Renovated Class-A Office
For Sale
$5,700,000
3301 GOLDEN ROAD, Tyler, TX 75701
Professional office property with modern finishes, flexible lease terms, and convenient access to Southeast Tyler retail and dining.
Property Size35,975 SF
Price / SF$158.44
Days on Market194
Property Features for 3301 GOLDEN ROAD
General Information
Standard status
Active
Size
35,975 SF
Class
Class A
Property subtype
Multi Tenant Office
Building Details
Building Size
35,975 SF
Year Built
1985
Year Renovated
2018
Properties For Sale
at 3301 GOLDEN ROAD Contact us- Size
- 3,823 SF
- Lease Type
- Full Service
Suite 101
- Size
- 3,137 SF
- Lease Type
- Full Service
Suite 204
- Size
- 3,490 SF
- Lease Type
- Full Service
Suite 211
- Size
- 1,615 SF
- Lease Type
- Full Service
Suite 213
- Size
- 386 SF
- Lease Type
- Full Service
Suite 216
- Size
- 602 SF
- Lease Type
- Full Service
Suite 218
- Size
- 1,555 SF
- Lease Type
- Full Service
Suite 410
- Size
- 1,576 SF
- Lease Type
- Full Service
Suite 417
Show more
Listing Agency:
Burns Commercial Properties
(281) 382-1438
Listed By:
Philip Humber · License #675335TX
(281) 382-1438
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 6:15PM
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 Burns Commercial Properties
Investment Insights
Based on property information with market context.
This Class-A office building contains approximately 35,975 square feet and received renovations in 2018. The property was constructed in 1985 and is maintained to an institutional standard, with modern finishes and abundant parking supporting a professional office setting. Flexible lease terms are available.
Located at 3301 Golden Road in Tyler, the building offers access to shopping, dining, and retail destinations on the city’s Southeast side. Its location near Golden Road and 110 provides a practical setting for office users seeking an established commercial environment.
Located at 3301 Golden Road in Tyler, the building offers access to shopping, dining, and retail destinations on the city’s Southeast side. Its location near Golden Road and 110 provides a practical setting for office users seeking an established commercial environment.
Key Highlights
- Approximately 35,975 SF of office space
- Class‑A building renovated in 2018
- Institutionally maintained office property
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
$434,474
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
7.62%
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%
$8,689,480
$8.7M
Cap Rate 7%
$6,206,771
$6.2M
Cap Rate 9%
$4,827,489
$4.8M
Market Conditions
NOI Build-Up for 35,975 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
$613.0K $17.04/SF
− Vacancy
−$33.7K −$0.94/SF
EGI
$579.3K $16.10/SF
− OpEx
−$144.8K −$4.03/SF
NOI
$434.5K $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 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%
$8,689,480
Cap Rate 7%
$6,206,771
Cap Rate 9%
$4,827,489
Alternative Uses
Best Use
Office B
$6.21M
$5.43M – $7.24M
NOI $434,474 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.03M
$7.03M – $9.37M
NOI $562,063 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office property with modern finishes, flexible lease terms, and convenient access to Southeast Tyler retail and dining.
Where is this office building located?
The property is located at 3301 GOLDEN ROAD Tyler, TX.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: Approximately 35,975 SF of office space; Class‑A building renovated in 2018; Institutionally maintained office property
