Freestanding Office
New
For Sale
$925,000
3808 Old Jacksonville Hwy, Tyler, TX 75701
A 12-office layout includes reception, a break room, and rear storage.
Property Size4,600 SF
Price / SF$201.09
Days on Market2
Property Features for 3808 Old Jacksonville Hwy
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1982
Year Renovated
2018
Buildings
1
Listing Agency:
Bergfeld Realty Co
Listed By:
Julius Bergfeld · License #1701
(903) 526-0849
Source:
Platinumrealtygroup
Added: Nov 1
Last Checked: Nov 1 at 3:41PM
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 Bergfeld Realty Co
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 4,600-square-foot office property contains 12 offices, a reception area, a break room, and additional storage at the rear. The building was constructed in 1982 and remodeled in 2018.
The property sits just inside the loop, between Toyota and Mercedes dealerships.
The property sits just inside the loop, between Toyota and Mercedes dealerships.
Key Highlights
- 4,600‑square‑foot office building
- 12 offices, reception area, break room, and rear storage area
- Remodeled in 2018; built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,555
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,100
$1.1M
Cap Rate 7%
$793,643
$793.6K
Cap Rate 9%
$617,278
$617.3K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$78.4K $17.04/SF
− Vacancy
−$4.3K −$0.94/SF
EGI
$74.1K $16.10/SF
− OpEx
−$18.5K −$4.03/SF
NOI
$55.6K $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 Rate 5%
$1,111,100
Cap Rate 7%
$793,643
Cap Rate 9%
$617,278
Alternative Uses
Best Use
Office B
$793.6K
$694.4K – $925.9K
NOI $55,555 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$898.4K – $1.20M
NOI $71,869 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
727
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
Frequently Asked Questions
What type of property is this?
Office building - A 12-office layout includes reception, a break room, and rear storage.
Where is this office building located?
The property is located at 3808 Old Jacksonville Hwy Tyler, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 4,600‑square‑foot office building; 12 offices, reception area, break room, and rear storage area; Remodeled in 2018; built in 1982
