High Visibility Office/Warehouse For
3401 N Northeast Loop 323, Tyler, TX 75708
For Sale
Contact for pricing
10,000+ sqft office/warehouse with loading dock and fenced yard.
Property Size10,667 SF
Price / SF$63.28
Days on Market960
Property Features for 3401 N Northeast Loop 323
General Information
Standard status
Size
Property subtype
Building Details
Buildings
Stories
Listing Agency:
Coldwell Banker Apex Realtors Tyler
Listed By:
Laura Adams
(903) 730-1033
Source:
Crexi
Added: Mar 27, 2024
Changed: Aug 15
Last Checked: Aug 14 at 5:58AM
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 Coldwell Banker Apex Realtors Tyler
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a high visibility office/warehouse building with over 10,000 square feet of space. It features two overhead doors, a loading dock, and a fenced yard suitable for equipment or general storage. The building includes a lobby and multiple separate offices. The warehouse area at the back of the building also contains several offices and open work spaces. The property size is 10667 square feet.
Key Highlights
- High visibility location ideal for office/warehouse use.
- Boasting over 10,000 square feet of total space.
- Includes office space (lobby, multiple separate offices) and warehouse space (offices, open workspaces).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,414
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,280
$1.1M
Cap Rate 7%
$791,629
$791.6K
Cap Rate 9%
$615,711
$615.7K
Market Conditions
NOI Build-Up for 10,667 SF
Gross rent
$70.4K $6.60/SF
− Vacancy
−$5.2K −$0.49/SF
EGI
$65.2K $6.11/SF
− OpEx
−$9.8K −$0.92/SF
NOI
$55.4K $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%
$1,108,280
Cap Rate 7%
$791,629
Cap Rate 9%
$615,711
Alternative Uses
Best Use
Warehouse
$791.6K
$692.7K – $923.6K
NOI $55,414 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,658 @ 7.0% cap · market cap 24.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75708, TX
8,294
Population
3,585
Households
2.3
Avg Household Size
33
Median Age
8%
College-Educated
65%
High-School Grad
56.5 sq mi
ZIP Area
147
Density / Sq Mi
$81,500
Median Household Income
$37,087
Median Earnings
$865
Median Rent
$131,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Tyler
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - 10,000+ sqft office/warehouse with loading dock and fenced yard.
Where is this warehouse located?
The property is located at 3401 N Northeast Loop 323 Tyler, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: High visibility location ideal for office/warehouse use.; Boasting over 10,000 square feet of total space.; Includes office space (lobby, multiple separate offices) and warehouse space (offices, open workspaces).
