Flex Building with Manufacturing
For Sale
$400,000
Pending
3456 Shiloh Rd, Tyler, TX 75707
COMMERCIAL - Tyler, TX
Property Size5,400 SF
Lot Size0.39 Acres
Days on Market91
Property Features for 3456 Shiloh Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Lot features
Inside City Limits
Directions
110 S. and Shiloh Rd. East on Shiloh. Building on left.
Standard status
Pending
Size
5,400 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Southpoint Ind. Park lot 21
Tax Annual Amount
2067
Legal Description
Southpoint Ind. Park lot 21
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1965
Building materials
Brick, Metal Siding
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Judy Kunzman · License #0445107
(903) 473-8885
Added: May 14
Changed: Aug 12
Last Checked: Aug 12 at 7:06PM
MLS# 26006852
Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,400-square-foot flex building combines approximately 1,000 square feet of office area with 4,000 square feet of climate-controlled manufacturing or multipurpose space and an additional 400 square feet of warehouse area. The 1965 structure features a brick and metal exterior, central heating, electric central air conditioning, two large roll-up doors, and a side entry. Public water and sewer serve the property, while off-street parking is provided within a fenced area.
The property is positioned at the corner of Shiloh Road and Profit Drive near Highway 110 in Tyler, offering direct access to established local roadways. Its combination of administrative, production, and storage areas supports a range of flex-oriented commercial operations.
The property is positioned at the corner of Shiloh Road and Profit Drive near Highway 110 in Tyler, offering direct access to established local roadways. Its combination of administrative, production, and storage areas supports a range of flex-oriented commercial operations.
Key Highlights
- 5,400‑square‑foot flex building on 0.39 acres
- Approximately 1,000 square feet of office space
- 4,000 square feet of climate‑controlled manufacturing or multi‑use area
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
$28,052
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
7.01%
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%
$561,040
$561.0K
Cap Rate 7%
$400,743
$400.7K
Cap Rate 9%
$311,689
$311.7K
Market Conditions
NOI Build-Up for 5,400 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
$35.6K $6.60/SF
− Vacancy
−$2.6K −$0.49/SF
EGI
$33.0K $6.11/SF
− OpEx
−$5.0K −$0.92/SF
NOI
$28.1K $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%
$561,040
Cap Rate 7%
$400,743
Cap Rate 9%
$311,689
Alternative Uses
Best Use
Office B
$931.7K
$815.2K – $1.09M
NOI $65,216 @ 7.0% cap · market cap 16.30%
Second Best
Warehouse
$400.7K
$350.7K – $467.5K
NOI $28,052 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,368 @ 7.0% cap · market cap 21.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75707, TX
16,620
Population
6,858
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
92%
High-School Grad
52.4 sq mi
ZIP Area
317
Density / Sq Mi
$85,406
Median Household Income
$44,425
Median Earnings
$1,415
Median Rent
$256,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Metal-and-brick flex facility with office, climate-controlled production space, warehouse capacity, roll-up doors, and fenced parking.
Where is this flex space located?
The property is located at 3456 Shiloh Rd Tyler, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 5,400‑square‑foot flex building on 0.39 acres; Approximately 1,000 square feet of office space; 4,000 square feet of climate‑controlled manufacturing or multi‑use area
